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Revaluation

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Revaluation
An increase in the foreign exchange value of a currency that is pegged to other currencies or gold.

Revaluation
A change to the exchange rate of a pegged currency. For example, if the central bank has declared a currency to be worth 10 U.S. dollars and later changes the exchange rate to $8, one refers to this as a revaluation. A revaluation generally, but does not always, refer to an increase in value.


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On the forthcoming revaluation of business rates by the Valuation Office Agency, part of the Inland Revenue and thus controlled by the Westminster Government, his call for the Welsh Assembly Government to delay implementation indefinitely is misplaced and ill-informed.
The outcome of the meeting has clearly dampened the immediate possibility of a revaluation or depegging.
Sfakianakis noted that most of those calling for a revaluation were unfamiliar with the kingdom's political economy.
 
 
 
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