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Revaluation
(redirected from revalued)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.03 sec.
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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Summary: Zimbabwe's central bank has revalued its dollar again, cutting another 12 zeros off its currency in a bid to tame hyperinflation.
Media reports saying that the currency would be revalued while quoting heads of the region's central banks played a big role in taking local currency out of the bank market but since the same central bank heads have reiterated that they will by no means de-peg or revalue but instead stay the course until they reach the GCC unified currency in 2010 the picture has changed," commented the business development and loans director in a local bank.
Mr Juncker suggested it welcomed the role a revalued yuan could play in dampening the risk of inflation and helping to rebalance the economy away from overseas export-led investment towards private consumption.
 
 
 
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