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Devaluation

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What is DEVALUATION? What does DEVALUATION mean? DEVALUATION meaning, definition & explanation

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Currency Wars (Competitive Currency Devaluations) Explained in One Minute

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Difference between Depreciation and Devaluation I A Level and IB Economics

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What is a Devaluation?

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China's Currency Devaluation Explained

In modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency or currency basket. In contrast, a depreciation is a decrease in a currency's value due to market forces under a floating exchange rate, not government or central bank policy actions.
    • Historical usage 

    • Causes 

    • Economic implications 

    • Devaluations in modern economies