Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency, group of currencies, or standard.
 | | Devaluation | | Devaluation is the deliberate downward adjustment of the value of a country's money relative to another currency, group of currencies, or currency standard. Countries that have a fixed exchange rate or semi-fixed exchange rate use this monetary policy tool. It is often confused with depreciation and is the opposite of revaluation, which refers to the readjustment of a currency's exchange rate. | | Read More » | | Exchange Rate | | An exchange rate is the value of a nation's currency in terms of the currency of another nation or economic zone. | | Read More » | | | Currency Peg | | A currency peg is an exchange rate policy that pegs a country's central bank rate of exchange to another country's currency. | | Read More » | | | Spot Rate | | The spot rate is the price quoted for immediate settlement on a commodity, security or currency. Although actual settlement will take place one to two days in the future, the spot rate is considered the current market price for an asset. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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