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Currency depreciation

   Also found in: Wikipedia 0.06 sec.
Currency depreciation
A decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency.


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For an illustration of the effects of currency depreciation on a nominal index, see the later discussion of the evolution of the staff's broad nominal dollar index over the past twenty-five years.
There was an increase in Brazil's output despite a possible decline in domestic consumption as exports, helped by the currency depreciation, rose sharply.
dollar terms recently as a result of currency depreciation.
 
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