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Home > QFINANCE Dictionary > Definition of revaluation of currency

Definition of

revaluation of currency

Currency & Exchange

altering currency value to affect balance of payments an increase in the value of a currency in relation to others. In situations where there is a floating exchange rate, a currency will usually find its own level automatically but this will not happen if there is a fixed exchange rate. Should a government have persistent balance of payment surpluses, it may exceptionally decide to revalue its currency, making imports cheaper but its exports more expensive.

revaluation of currency - Related Articles
  • Inverse Stagflation and the Global Economy: When Real Assets and Paper Assets Part Company

    Viewpoints

    currency, a commodity, and a store of value, and each of these characteristics plays semi-independently. We are in a broad-based global currency revaluation with a great deal of competitive devaluation going on, so that makes gold behave as an appreciating currency. If a number of global currencies
    By Renée Haugerud

  • Venezuela

    QFINANCE Country Profiles

    Exchange rate versus dollar: bolivars per US dollar—2.147 (note the currency revaluation on 1 January 2008, with 1000 old bolívars equaling 1 new bolívar)

  • Singapore

    QFINANCE Country Profiles

    aggressively tightened monetary policy by effectively revaluing the Singapore dollar. The bank also switched policy with the objective of a modest and gradual appreciation of the currency.

  • The Unintended Consequences of Globalization

    Viewpoints

    We are certainly seeing a “race to the bottom” as growth economies dependent on exports try to weaken their currencies even as continuing weakness in the US dollar drives those currencies upwards. Clearly no exporter likes to see their currency strengthening unduly since it damages their ability
    By Paul Wharton

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Definitions of ’revaluation of currency’ and meaning of ’revaluation of currency’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’revaluation of currency’ and other financial terms with our online QFINANCE Financial Dictionary.

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