revaluation of currency
- An increase in the value of a currency in terms of gold or other currencies. It is usually made by a government that has a persistent balance of payments surplus. It has the effect of making imports cheaper but exports become dearer and therefore less competitive in other countries; revaluation is therefore unpopular with governments.
Accounting dictionary. 2014.
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revaluation of currency — An increase in the value of a currency in terms of gold or other currencies. It is usually made by a government that has a persistent balance of payments surplus. It has the effect of making imports cheaper but exports become dearer and therefore … Big dictionary of business and management
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revaluation — An increase in the foreign exchange value of a currency that is pegged to other currencies or gold. Bloomberg Financial Dictionary * * * revalue re‧val‧ue [riːˈvæljuː] verb [transitive] 1. FINANCE to examine something again in order to calculate… … Financial and business terms
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