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Devaluation

The depreciation of the national currency, or in other words, the rate decline in relation to foreign currencies and gold. For example, in Britain in September 1992 raising interest rates in the situation of stagnation in the economy were the reason for the devaluation of the pound. On September 16 the pound lost 2.7% against the Mark and by the evening was traded in New York at 2.703.

News On Devaluation
Chidambaram says Rajan quit as RBI Guv in opposition to note ban

11-02-2017| Source:Moneycontrol.com

According to the former finance minister, "someone in the Reserve Bank of India" submitted a letter to the Centre opposing a proposal to devalue high-value currency notes on the day

RBI's admirable role saved rupee from becoming unstable: NITI

07-02-2017| Source:PTI

Noting that the rupee had witnessed a massive devaluation in 2013, Panagariya said that a "much bigger shock" was administered in November last year both due to demonetisation and "

Japan policymakers reject Trump devaluation claims

01-02-2017| Source:Reuters

currency devaluation.Prime Minister Shinzo Abe defended the Bank of Japan's massive stimulus programme, saying it was intended to reflate the economy and was not currency manipulation."Bold monetary easing

China Jan factory activity expands for 6th month at modest pace

01-02-2017| Source:Reuters

partners were engaged in devaluing their currencies to the harm of American companies and consumers.On the election campaign trail, Trump had threatened to slap heavy tariffs on US imports of Chinese goods

Trump calls for drug price-cuts, make in US & ease FDA approvals

01-02-2017| Source:Moneycontrol.com

advantage of us with their money and their money supply and devaluation because we don't know anything -- our country has been run so badly, we know nothing about devaluation. Every other country lives

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