Devaluation

Devaluation

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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.

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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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