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:
Nevertheless, Monday Russia's Central Bank gave up its efforts to defend the ruble--a de facto devaluation.
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.
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.
4. "Malaysia finally lifted the capital controls it imposed in the wake of the drastic devaluation of its currency and the collapse of its economy last summer.
To stave off disastrous currency devaluation, the Russian government is tripling interest rates, spending reserves, and exhorting Russian tycoons to invest their money in Russian markets to restore foreign investors' confidence.
Loading...