Home > Terms > Armenian (HY) > արժեզրկում
արժեզրկում
A sudden fall in the value of a currency against other currencies. Strictly, devaluation refers only to sharp falls in a currency within a fixed exchange rate system. Also it usually refers to a deliberate act of government policy, although in recent years reluctant devaluers have blamed financial speculation. Most studies of devaluation suggest that its beneficial effects on competitiveness are only temporary; over time they are eroded by higher prices (see j-curve).
0
0
Forbedre det
- Ordklasse: noun
- Synonym(er):
- Blossary:
- Fagområde/Domene Economy
- Category: Economics
- Company: The Economist
- Produkt:
- Akronym-Forkortelse:
Andre språk:
Hva ønsker du å si?
Terms in the News
Featured Terms
բանավոր հմտություններ
skills or abilities in oral speech, ability of speech, fluency in speaking
Bidragsyter
Featured blossaries
Browers Terms By Category
- Home theatre system(386)
- Television(289)
- Amplifier(190)
- Digital camera(164)
- Digital photo frame(27)
- Radio(7)
Consumer electronics(1079) Terms
- Manufactured fibers(1805)
- Fabric(212)
- Sewing(201)
- Fibers & stitching(53)
Textiles(2271) Terms
- Meteorology(9063)
- General weather(899)
- Atmospheric chemistry(558)
- Wind(46)
- Clouds(40)
- Storms(37)
Weather(10671) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Cooking(3691)
- Fish, poultry, & meat(288)
- Spices(36)