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Undervalued Currency
(redirected from Undervalued Currencies)

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Undervalued Currency
A currency with an exchange rate lower than it ought to be. A currency may be undervalued, for example, when its purchasing power, supply and demand are all strong, but its price is still comparatively low. Some governments keep their currencies undervalued deliberately because it makes their exports less expensive, but this is usually an unsustainable policy. See also: Weakening of a currency.
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Last month, the US House of Representatives passed a bill that would empower the US government to impose duties on imports from countries with undervalued currencies.
China''s trade surplus shrinks in September by Kuwait News Agency (KUNA)
Our initial achievements are at risk of being undermined by the limited extent of progress toward more domestic demand-led growth in countries running external surpluses and by the extent of foreign exchange intervention as countries with undervalued currencies lean against appreciation.
US, China clash amid fears of currency war by AFP / AFP American Edition
Our initial achievements are at risk of being undermined by the limited extent of progress toward more domestic demand-led growth in countries running external surpluses and by the extent of foreign exchange intervention as countries with undervalued currencies lean against appreciation.
US, China clash amid fears of currency war by AFP / AFP Global Edition
 
 
 
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