devaluation - Meaning in Punjabi
devaluation - Meaning in Punjabi
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Definitions and Meaning of devaluation in English
devaluation noun
- the reduction of something's value or worth
- an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
Description
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. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.
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What is devaluation meaning in Punjabi?
The word or phrase devaluation refers to the reduction of something's value or worth, or an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries. See devaluation meaning in Punjabi, devaluation definition, translation and meaning of devaluation in Punjabi. Learn and practice the pronunciation of devaluation. Find the answer of what is the meaning of devaluation in Punjabi.
Other languages: devaluation meaning in Hindi
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What is devaluation meaning in Punjabi, devaluation translation in Punjabi, devaluation definition, pronunciations and examples of devaluation in Punjabi.