Words similar to devalue
Example sentences for: devalue
How can you use “devalue” in a sentence? Here are some example sentences to help you improve your vocabulary:
Well, if Brazil cannot devalue its currency for fear of speculators, cannot use fiscal or monetary policy to reflate its economy because to do so would cause capital flight, and the country must therefore endure a prolonged period of recession and deflation, you cannot in good conscience make the conventional arguments in favor of free trade.
Dependent on a steady stream of foreign investment to finance their large trade deficits, the Thai and Malaysian governments were forced to devalue their currencies, making their exports cheaper in foreign markets.
In particular, explains the paper, there's the fear that if the yen continues to drop, China will abandon its pledge not to devalue its currency, which could set off further devaluations across Asia, and this would only further hurt the region's banks and further suppress its imports.
5) The euro pact will promote fiscal responsibility by limiting countries' authority to run deficits and devalue their currency.
The paper said that if the International Monetary Fund and World Bank credits Russia was seeking were not obtained, the government would have no other option but to devalue the ruble and set the new rate somewhere between 7 and 8 rubles to the U.S. dollar.