devaluation of currency in a sentence
Examples
- "There will be competitive devaluation of currencies, trade wars, protectionism, the renationalization of economic policy, and deflation if not depression, " he said.
- Despite these efforts, the " Catalogue " ceased publication in large part due to a devaluation of currency caused by World War I
- There is also concern " about the effect of the Asian devaluation of currencies, " said Andrew McCarthy, a dealer at Lonsdale Securities.
- But the devaluation of currencies also makes it more expensive for Asian companies to pay the expenses of their operations in the United States.
- The Brazilian currency, the real, is widely considered overvalued and the devaluation of currencies in Thailand and the Philippines has sparked concern it could follow suit.
- Japan's surpluses with Thailand, South Korea, Malaysia and the Philippines all fell in December following the devaluation of currencies there that made Japanese-produced imports more expensive.
- Devaluations of currencies in Thailand, Malaysia, the Philippines and the rest of Asia have made Hong Kong relatively 20 percent more expensive than it was in June.
- Devaluation of currencies in East Asian nations and haze from massive forest fires in Indonesia contributed to gutting the region's tourism industry over the past two years.
- Commission officials said they were under pressure from French officials to approve state aid to French companies hit by the devaluation of currencies such as the lira.
- Since 2 July, the local dollar has overcome two speculative attacks when the regional financial crisis triggered the devaluation of currencies in Thailand and some other countries.