Sentence examples for a steep devaluation from inspiring English sources

Greece would also have to contend with a steep devaluation in the reintroduced drachma.

Inflation and a steep devaluation of the Belarussian ruble have led to a spiral of protests and police crackdowns.

Exports rose after a steep devaluation of the Argentine peso in 2002 made the country's beef more competitive globally.

This led to a steep devaluation of the Belarussian ruble; people then began hoarding food staples and lining up to convert their assets into hard currency.

A steep devaluation in the Egyptian pound, and the lack of hard currency, makes it more difficult to import expensive drugs because the law requires that they be resold at a fixed price.

In the aftermath of the 2011 revolution, a steep devaluation in the Egyptian pound, and the lack of hard currency, makes it more difficult to import expensive drugs because the law requires them to be resold at a fixed price.

Talks with banking industry representatives in Brussels were also continuing about a steeper devaluation of Greek debt, perhaps as much as 60 percent, to a level the country has a chance of repaying.

A steeper devaluation of the peso vis-a-vis the U.S. dollar, even more aggressive belt-tightening, and whatever combination of orthodox economic policies seem to be the only solution to this current bout of stagflation, according to them.

'FRENCH ARTISTS IN ROME: INGRES TO DEGAS, 1803-1873' -- One of New York's most intriguingly idiosyncratic art museums, the Dahesh was founded to preserve and promote 19th-century European academic art, a category now in recovery from its steep devaluation by 20th-century Modernism.

A steep currency devaluation and a ban on imports meant that foreign movies were unavailable, and celluloid film and conventional filmmaking equipment were too expensive.

Beginning in 2007 Citigroup suffered billions of dollars in losses during the subprime mortgage crisis (a severe contraction of liquidity in credit markets worldwide brought about by the steep devaluation of mortgage-backed securities).