Devaluation: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add definition. Source - Oxford English Dictionary.) |
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''Foreign exchange risk.'' | 1. ''Foreign exchange risk.'' | ||
A substantial decline in an exchange rate, usually effected in one go by government decree. | A substantial decline in an exchange rate, usually effected in one go by government decree. | ||
2. ''Perception of value.'' | |||
A reduction in the estimation - or perception - of the worth of something. | |||
Revision as of 15:08, 2 December 2021
1. Foreign exchange risk.
A substantial decline in an exchange rate, usually effected in one go by government decree.
2. Perception of value.
A reduction in the estimation - or perception - of the worth of something.
