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

  • revaluation of currency — Fin an increase in the value of a currency in relation to others. In situations where there is a floating exchange rate, a currency will normally find its own level automatically but this will not happen if there is a fixed exchange rate. Should… …   The ultimate business dictionary

  • Revaluation — means a rise of a price of goods or products. This term is specially used as revaluation of a currency, where it means a rise of currency to the relation with a foreign currency in a fixed exchange rate. In floating exchange rate correct term… …   Wikipedia

  • Revaluation —   Revaluation may be required due to changes in currencies, interest rates, or the market value of a collateral. Collateral items and facilities can be revalued: • by collateral category. • by currency. • as a result of indexing. • by exchange… …   International financial encyclopaedia

  • Revaluation — An increase in the foreign exchange value of a currency that is pegged to other currencies or gold. The New York Times Financial Glossary * * * revalue re‧val‧ue [riːˈvæljuː] verb [transitive] 1. FINANCE to examine something again in order to… …   Financial and business terms

  • 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

  • Currency War of 2009–2011 — The Currency War of 2009–2011 is an episode of Competitive devaluation which became prominent in September 2009. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as …   Wikipedia

  • Revaluation Rates — Market currency rates from a specific point in time that are used as a base value by currency traders to assess whether a profit or a loss has been realized for the day. In most cases, the revaluation rate is the closing rate for the previous… …   Investment dictionary

  • Currency revaluation —   The changing of the value of one currency in terms of another by the legal authority responsible for that currency. Changes resulting from pressures on a currency in the market place are not usually referred to simply as a revaluation …   International financial encyclopaedia

  • revaluation — noun a) The process of altering the relative value of a currency or other standard of exchange. After the new party took power, the government declared a revaluation of the currency in an attempt to limit runaway inflation. b) A reassessment of… …   Wiktionary

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