Words similar to devaluation
Example sentences for: devaluation
How can you use “devaluation” in a sentence? Here are some example sentences to help you improve your vocabulary:
The U.S. economy, perhaps as a result, didn't even hiccup, while the stock market, which had plummeted in the wake of Asian turmoil, Russian devaluation, and the collapse of Long-Term Capital Management, came roaring back.
For a variety of reasons, including the devaluation in neighboring Brazil, Argentina has been sliding into a moderately severe recession and with it a growing budget deficit, just as a presidential election approaches.
Despite creating a pocket of wealth for the region, Mexico itself suffered a number of crises in the 1980s and 1990s, including a drastic devaluation of the peso in 1995 following months of economic chaos.
The LAT says the austerity moves are "likely to produce a punishing recession," but suggests this cure isn't as bad as the disease of a currency devaluation, which it says, the government is determined to avoid.
Others--such as me--worried this would lead to such a massive devaluation that inflation would surge, and argued (in the wilderness) for temporary controls on capital flight.