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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
See 6-10% volume growth on stressed rural demand: Dabur  

29-07-2015| Source:CNBC-TV18

Nepal earthquake and currency devaluation on account of economical and political disturbances in Middle East and North Africa (MENA) region- Turkey, Nigeria and Egypt - has impacted the overall

Unilever's second-quarter sales top estimates

23-07-2015| Source:Reuters

markets and currency devaluations. Still, it warned that consumer demand remained weak.

Nifty range 8200-8500; Chinese meltdown to hit India: Ambit  

08-07-2015| Source:CNBC-TV18

,200 in the very short-term.Latha: Competitive devaluation has been Governor Rajan's pet-peeve as well but is there a place to hide? Would you say that IT stocks or any of these drug stocks that don’t export

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