Currency devaluation.

Devaluation is not an option because of the common currency.

They don't say debase the currency. They don't say devalue the currency.

It stimulates production (and hence employment), unlike overvaluation, which stimulates consumption.

Currency undervaluation has become a substitute.

Third, the rate of currency appreciation has edged up.

The proposed allocation takes into account the devaluation of the currency.

The proposed allocation takes into account the devaluation of the currency.

Currency undervaluation à la China will not go unnoticed.

Currency undervaluation is such a potent instrument for growth for the simple reason that it creates incentives for the economy s growth promoting sectors.

The effect will be much the same as a currency appreciation.

When the value of a currency drops, so does everything valued in it.

An undervalued currency enables an economy to integrate into the world economy on the basis of strong export performance. It stimulates production (and hence employment), unlike overvaluation, which stimulates consumption.

So it began to promote its industries through an undervalued currency instead.

An independent monetary policy requires a flexible exchange rate, not a revaluation.

On the contrary, they should view the currency peg as a valuable gift.

It was write offs and devaluations, not austerity programs, that allowed bond prices to recover.

Eurozone membership precludes inflation and devaluation as adjustment mechanisms.

Some resist appreciation actively and openly others do so in a less visible manner.

President Miguel de la Madrid resorted to currency devaluations which in turn sparked inflation.

The won has been devalued sharply, making exports more viable.

Large currency devaluations were carried out in Ethiopia, Mauritania, Nigeria and Zambia.

Since the amount of foreign reserves available to defend a weak currency (a currency in low demand) is limited, a currency crisis or devaluation could be the end result.

When this pattern is combined with the depreciation of the new Israeli shekel (NIS) in 2003 and then its appreciation in 2004, it is clear that while the Palestinian trade balance does not benefit from the depreciation of the Israeli currency, it suffers the full negative impact of currency appreciation.

The problem is that it can t, even with a depreciating currency.

There is a strong positive relationship across all developing countries between currency undervaluation and economic growth.

This includes such factors as home market growth constraints, liberalization and currency appreciation.

Prior to January 1992, Argentina had experienced cycles of steep currency depreciations and high inflation, followed by revaluations of the currency through the introduction of a new currency unit, followed by steep devaluations and high inflation rates, etc.

Unemployment soared, the currency depreciated, and food prices rose dangerously.

One way is as part of America s strategy of competitive devaluation.

This process will inevitably lead to higher structural inflation and currency appreciation in China.

It's backed by people's trust in the ability of the U.S. economy to support debt to pay off the value of this currency.

The standard way to buffer the effects of austerity is to marry domestic cuts to devaluation of the currency. Devaluation renders exports more competitive, thus substituting external demand for the domestic demand that is being compressed.

Not surprisingly, Hong Kong s oligopoly of property tycoons opposed changing the peg despite the currency s gross overvalue at the time.

The standard way to buffer the effects of austerity is to marry domestic cuts to devaluation of the currency.

And they have made little systematic use of explicit industrial policies that could act as a substitute for undervaluation.

Brazil, Chile, and Colombia, among others, are now confronting these powerful forces of currency appreciation.

Nothing can kill growth more effectively than an uncompetitive currency, and there is no faster route to currency appreciation than a surge in capital inflows.

The financial sector was able to profit from the rising dollar, and a depreciation would have run counter to Ronald Reagan's administration's plans for bringing down inflation.

In the past 12 months, the renminbi strengthened by 6 against the dollar, its reference currency.

A slight devaluation would solve any remaining problem with export demand.

But the big risk to any investor is the possibility that inflation will virtually annihilate a currency s value.

The trouble with currency undervaluation is that, unlike conventional industrial policy, it spills over into the trade balance.

When a clerk's salary does not even suffice to feed three people with only yoghurt and bread.

It aims at protecting the value of benefits, as established under the Fund apos s Regulations, against the effects of inflation and currency fluctuations.