Examples of using Devaluation in English and their translations into Chinese
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For example, the devaluation of the CFA franc forced many Africans to emigrate because it caused a 50 per cent drop in their purchasing power.
A devaluation risks money leaving again, directly contrary to China's policy goals.
Egypt reduced the magnitude of its negative net exports position, thanks to the adjustment that followed devaluation, which was expected to improve the country' s balance of payments.
However, as the history of the yen and the Plaza Accord show, devaluation alone will not solve the US's chronic external deficit problem.
But a devaluation of a currency, whether deliberate or just a side-effect of monetary policy, is still a devaluation. .
Economists say the devaluation will make Chinese-made goods less expensive, and imports to China more expensive.
This is not a devaluation of the LS3/5A, but the highest praise for this generation of luminaries.
The country faced devaluation prospects again in March of 2017 as the president fired South Africa's finance minister.
The devaluation of the hryvnia was principally to blame for the price rise of SeptemberDecember 1998 which affected consumers and industry alike.
Devaluation is most certainly a tax, and it has a very similar impact on corporations as a tariff.
Combined with the de facto devaluation, this made Chinese goods extremely cheap on world markets.
While devaluation could stimulate exports, other factors should be taken into consideration, too, such as import prices, interest rates and investor confidence.
Devaluation- The deliberate downward adjustment of a currency's value versus the value of another currency normally caused by official announcement.
Macroeconomic reforms such as devaluation, pricing policy, and budget and tax reforms are necessary components of a balanced and integrated national development strategy.
The mark's dramatic devaluation began soon after the Reichsbank was“privatized,” or delivered to private investors.”.
Such a devaluation could lead to wider economic problems, as it would reduce the purchasing power of workers, businesses and the government.
Such devaluation spirals can lead to higher inflation, pinched household spending and disruptive shifts of money across borders.
However a devaluation helps avoid a liquidity squeeze, keeping its money supply flush.
The devaluation decided in August 2002 has led to a sharp increase in the price of fuel, construction material and other consumer goods.
The 2015 devaluation triggered a nearly 3 percent drop in just two days, shocking global investors who had grown used to a stable Chinese currency.