Devaluation: Difference between revisions
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imported>Doug Williamson (Add definition. Source - Oxford English Dictionary.) |
imported>Doug Williamson (Add link.) |
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* [[Leading]] | * [[Leading]] | ||
* [[Plaza Accord]] | * [[Plaza Accord]] | ||
* [[Value]] | |||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] |
Latest revision as of 17:49, 8 December 2021
1. Foreign exchange risk.
A substantial decline in an exchange rate, usually effected in one go by government decree.
2. Perception of value.
A reduction in the estimation - or perception - of the worth of something.