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Concept information

... > social science subjects > business and management > international business > international finance > international monetary system > revaluation
... > social science subjects > business and management > finance > international finance > international monetary system > revaluation
... > social science subjects > business and management > finance > monetary systems > international monetary system > revaluation
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > revaluation

Terme préférentiel

revaluation  

Définition

  • Revaluation occurs when a government or its central bank increases the official price at which its currency can be bought on the foreign exchange (Forex) market. For example, suppose that the current U.S. dollar (USD)/British pound (GBP) exchange rate was 2:1, meaning that $2 had to be given up for each £1 or, equivalently, that £1 was worth $2. [Source: Encyclopedia of Business in Today's World; Revaluation]

Concept générique

Appartient au groupe

URI

http://data.loterre.fr/ark:/67375/N9J-L7RJB019-S

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