In other words, exporters become more competitive in a global market. Devaluing the home currency can help correct balance of payments.
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.
Ask My Gold Advisor! What does currency devaluation really mean? How would it affect us? Let's break it down.
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.
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.
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?.
How does the devaluation of the currency affect the economy of a country? .. Depreciation of currency is good for export, because your products become.