a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z
search
|
TeachMeFinance.com - explain Revaluation
Revaluation -- 1. The restoration of the value of a nation's currency that had once been devalued in terms of the currency of another nation.
2. The restoration of purchasing power to an inflated currency.
3. Restoration of the value of a currency
4. Currencies of countries undergoing inflation are more often "devalued," meaning that either by market forces or by declaration of the issuing government, a greater number of units of its currency are required to purchase other currencies. When the reverse occurs, usually in an attempt to restore the purchasing power of an inflated currency, this is called "revaluation."
About the author
 |
Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
 |
Copyright © 2005 by Mark McCracken, All Rights Reserved.
TeachMeFinance.com is an informational website, and should not be used as a
substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any
investment or financial decision.
Please read our disclaimer.
|