Currency devaluation.

The proposed allocation takes into account the devaluation of the currency.

The proposed allocation takes into account the devaluation of the currency.

Currency undervaluation is such a potent instrument for growth for the simple reason that it creates incentives for the economy s growth promoting sectors.

President Miguel de la Madrid resorted to currency devaluations which in turn sparked inflation.

Large currency devaluations were carried out in Ethiopia, Mauritania, Nigeria and Zambia.

Corruption risk reduction

Opacity risk reduction

It is widely felt that normal market risks, including currency devaluation risk, should be borne by the private sector and that only those factors out of their control, such as regulatory risks and force majeur, should be covered by the public sector.17

Devaluation is not an option because of the common currency.

6. The Government has adopted measures leading to structural changes in economic activity, including the devaluation of the national currency.

Indeed, without the single currency, many of these countries would have succumbed to a downward spiral of devaluation, default, and recourse to the IMF.

They don't say debase the currency. They don't say devalue the currency.

Then you would have to do another write down.

It stimulates production (and hence employment), unlike overvaluation, which stimulates consumption.

Currency undervaluation has become a substitute.

Third, the rate of currency appreciation has edged up.

And that means further depreciation of the dollar.

During the 1998 financial crisis, devaluation would have hurt those who owned local real estate but had little earnings or assets in US dollars.

This could be an explicit devaluation or an implicit one due to a price reduction, made possible by the reduction in unit production costs resulting from the extra working time at constant pay.

In Africa in particular, the reduction in food subsidies to consumers, the increase in producer prices and the depreciation of the currency might have led to a shift in income towards the rural area, which was the poorest and this, it can be argued, constituted a reduction in poverty.

Let's say What is the discount for any given sale,

Export led growth did not take place rapidly after devaluation, because of either the narrow base of exports or adverse conditions in global markets.

Currency undervaluation à la China will not go unnoticed.

The government was also too slow in depreciating the ruble.

In Addis Ababa, the effects of the currency devaluation that took place in 1992 were factored into the post adjustment of Professional level staff in February 1993.

For example, a German investor would consider United States bonds to have more currency risk than German bonds (since the dollar may go down relative to the euro) similarly, a United States investor would consider German bonds to have more currency risk than United States bonds (since the euro may go down relative to the dollar).

The effect will be much the same as a currency appreciation.

When the value of a currency drops, so does everything valued in it.

Inflation decreased notably in Costa Rica and El Salvador and somewhat less in Guatemala however it increased in Honduras and Nicaragua as a consequence of devaluation measures and increases in food prices.

An undervalued currency enables an economy to integrate into the world economy on the basis of strong export performance. It stimulates production (and hence employment), unlike overvaluation, which stimulates consumption.

Its purpose is not to encourage the depreciation of the yen, despite complaints about the yen s depreciation.

First, it contributes to yen depreciation and dollar appreciation as carry traders switch out of yen.

And yet risks to financial and fiscal stability could arise if higher inflation and currency depreciation were to spoil investors appetite for Japanese government bonds, thereby pushing up nominal interest rates.

So it began to promote its industries through an undervalued currency instead.

An independent monetary policy requires a flexible exchange rate, not a revaluation.

Since the 1990 s, both China and India have received a huge boost from their undervalued currencies.

A series of devaluations followed, the later ones in part due to the Korean War.

On the contrary, they should view the currency peg as a valuable gift.

It was write offs and devaluations, not austerity programs, that allowed bond prices to recover.

Eurozone membership precludes inflation and devaluation as adjustment mechanisms.

Some resist appreciation actively and openly others do so in a less visible manner.

The won has been devalued sharply, making exports more viable.

Nor is the Fed specifically aiming to lower the dollar s value.

Since the amount of foreign reserves available to defend a weak currency (a currency in low demand) is limited, a currency crisis or devaluation could be the end result.