Sentence examples for a further devaluation of from inspiring English sources

But offshore trading in dong futures is pricing in a further devaluation of around 30% within a year.It has been clear for months that Vietnam's economy is overheating.

1938 Dollar's Stability Aiding Exports WASHINGTON — Rumors of a further devaluation of the dollar, or a change in the price of gold, were scouted today [June 2] by Henry Morgenthau jr., Secretary of the Treasury, who pointed out that American exporters are already in an "advantageous position" and the nation's foreign trade has continued to flourish while domestic business is in the doldrums.

When Rich Harden of the Texas Rangers came off the disabled list last month to pitch six and two-thirds innings without allowing a hit, interrupted by his manager rather than the Minnesota Twins, it was a further devaluation of one of baseball's most hallowed currencies: the no-hitter.

What the French are really after is a further devaluation of Europe's anchor currency, the German mark, against the dollar.

Yet rumors of a further devaluation of the country's currency, dipping oil prices, and discontent over the Games' ballooning costs are exposing the vulnerability of a nation whose economy is one of the most oil-dependent in the world.

Leading shares have recovered some ground after a fraught few days, as China's central bank said there was no basis for any further devaluation of its currency.

Floating the currency represents a further devaluation following the central banks lowering of the reals trading band Wednesday.

The spot rate has responded by falling another 1.6% on Tuesday, likely forcing a further devaluation.

Already, the sharp decline in the rouble has forced currency devaluations in Turkmenistan this month, and speculation that Kazakhstan's tenge may need a further devaluation against the dollar after a 19% move last February.

A major impetus for further devaluation of the pound is policy intervention from the Bank of England (BOE), which looks set to cut rate in hopes of limiting the economic fallout from the Brexit.

With mounting debts, negligible economic growth and dwindling foreign reserves, the military rulers and the new Islamist-led Parliament now confront some difficult choices, beginning with an all but inevitable further devaluation of Egypt's currency that could send the prices of food and other goods soaring.