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In other words, exporters become more competitive in a global market. Devaluing the home currency can help correct balance of payments.

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Get the definition of 'devaluation' in TheStreet's dictionary of financial terms. Why do countries let their currency fall in value? Well, some do it on purpose.

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Ask My Gold Advisor! What does currency devaluation really mean? How would it affect us? Let's break it down.

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Readers Question: Is it possible for central banks to fail in devaluing their currency since they can print unlimited amounts of money e.g like in.

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A currency's devaluation is the result of a nation's monetary policy. Conversely, import volumes become stifled as the price of foreign-produced goods and.

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In effect, Venezuela has confessed that its money has become virtually worthless and it is time to start over. But is a new start even possible?.

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How does the devaluation of the currency affect the economy of a country? .. Depreciation of currency is good for export, because your products become.