Devaluation: Mastering Devaluation, Navigating Global Finance with Confidence

One Billion Knowledgeable · AI 朗讀:Mason (來自 Google)
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What is Devaluation


In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Devaluation


Chapter 2: Currency


Chapter 3: Gold standard


Chapter 4: Exchange rate


Chapter 5: Hong Kong dollar


Chapter 6: Balance of payments


Chapter 7: Bretton Woods system


Chapter 8: Currency board


Chapter 9: Indian rupee


Chapter 10: Mexican peso crisis


Chapter 11: Foreign exchange reserves


Chapter 12: Impossible trinity


Chapter 13: Floating exchange rate


Chapter 14: Nixon shock


Chapter 15: Revaluation


Chapter 16: Currency intervention


Chapter 17: Fixed exchange rate system


Chapter 18: London Gold Pool


Chapter 19: Currency war


Chapter 20: International use of the U.S. dollar


Chapter 21: Fear of floating


(II) Answering the public top questions about devaluation.


(III) Real world examples for the usage of devaluation in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Devaluation.

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