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:
On the same theme, the Guardian of London warned that the world economy has yet to feel the knock-on effects of Brazil's traumatic devaluation.
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.
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.
The paper says the devaluation eases pressure on Brazil to defend its currency by spending its reserves keeping interest rates high, and that the government describes its move as a way to restore consumer confidence and credibility among investors.
Nevertheless, Monday Russia's Central Bank gave up its efforts to defend the ruble--a de facto devaluation.