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Currency revaluation |
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Currency revaluation A deliberate upward adjustment in the official exchange rate established, or pegged, by government against a specified standard, such as another currency or gold. |
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| China's currency revaluation has the potential to bolster demand for U. After four weeks of gains, the market was essentially flat for the week ended July 27 following mixed economic news and concerns over China's currency revaluation. On top of all this, Beijing is not responding to Washington's demands for a currency revaluation. |
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