Term of the Day: Devaluation

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	INVESTOPEDIA Term Of The Day July 15, 2015 Devaluation A deliberate downward adjustment to the value of a country's currency, relative to another currency, group of currencies or standard. Devaluation is a monetary policy tool of countries that have a fixed exchange rate or semi-fixed exchange rate. It is often confused with depreciation, and is in contrast to revaluation. Investopedia Explains: Devaluating a currency is decided by the government issuing the currency, and unlike depreciation, is not the result of... Read More Related to "Devaluation" How Currency Works Whether we pull out paper bills or swipe a credit card, most of the transactions we engage in daily use currency. Indeed, money is the lifeblood of... Read More Dollarization Explained Since the abandonment of the gold standard at the outbreak of WWI and the Bretton Woods Conference following WWII... Read More The U.S. Dollar's Unofficial Status as World Currency When you travel around the world nowadays, it's not uncommon to find that a currency, like the U.S. dollar (USD), has become very engrained in... Read More Recently Added Definitions Grexit Grexit, an abbreviation for "Greek exit," refers to Greece's potential withdrawal from the eurozone, after which it would most likely revert to... Read More Wealth Management A high-level professional service that combines financial/investment advice, accounting/tax services, retirement planning and... Read More Related Definitions Competitive Devaluation Current Account Deficit Balance Of Payments (BOP) Balance Of Trade - BOT Bretton Woods Agreement Past Terms of the Day Buyout Mexican Stock Exchange (MEX) .MX Vintage Corporate Ladder Guarantee Fees You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: