Devaluation
Devaluation
Rare
Rarity: Rare
A topic known well beyond its field, found in many languages.
Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.
At a glance
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- Arts and letters
- Knowledge cost
- 4
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- Nobody has pulled it yet.
What Wikipedia says
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.
Excerpt from the Wikipedia article “Devaluation”, under the CC BY-SA 4.0 license. Read the article on Wikipedia
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