Tag: Currency adjustment
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Revaluation
Revaluation in International Trade Meaning of Revaluation, according to the Dictionary of International Trade (Global Negotiator): The increase of the value (restoration) of a nation's currency (that had once been devalued) in terms of the currency of another nation.
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Devaluation
Summary of Devaluation The official reduction of the value of a nation's money in relation to a standard (usually gold), special drawing rights, or the U.S. dollar. Inasmuch as all currencies are ultimately valued in terms of some standard, devaluation results in the conscious increase […]