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Home > istilah-istilah > Bahasa Armenia (HY) > արժեզրկում
արժեզրկում
A sudden fall in the value of a currency against other currencies. Strictly, devaluation refers only to sharp falls in a currency within a fixed exchange rate system. Also it usually refers to a deliberate act of government policy, although in recent years reluctant devaluers have blamed financial speculation. Most studies of devaluation suggest that its beneficial effects on competitiveness are only temporary; over time they are eroded by higher prices (see j-curve).
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- Kategori: Ilmu ekonomi
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skills or abilities in oral speech, ability of speech, fluency in speaking
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