Thanks to a steep drop in the value of the Australian dollar relative to the United States dollar, the broadcast rights earmarked to the Sydney Olympic committee have risen in value by about $28 million.
The unrest follows a steep drop in the value of the national currency, the manat, against the US dollar, with residents hard-hit by rising inflation and unemployment.
A steep drop in the value of Iran's currency since the United States withdrew from the nuclear deal has driven up the price of imported items.
Stanford University in California has laid off 412 employees over the past eight months and plans an additional 60 layoffs this year to offset a steep drop in the value of its endowment.
On April 11, the finance ministers of the United States, Canada, Japan and Europe said they were "concerned" about recent "sharp fluctuations in major currencies," a statement widely seen as endorsing the possibility of an intervention by the United States Treasury and other finance ministries to prevent a steep drop in the dollar's value.
"We always thought we'd add an apartment over the garage for a caregiver," resident Suzanne Pitts, 61, said back in March, before the city toned down that steep drop in value.
True, he says, a steep drop in housing prices would hurt the value of your investment.
Only a steep drop in prices across Scotland, which has seen values slump since the oil price collapse in 2014, stopped the annual rate for the UK hitting double figures.
The company attributed the poor results to the sharp decline in the value of its investments amid a steep drop in the Chinese stock markets.
I predict a steep drop in sales of Lunesta tonight.
(It also remains open despite a steep drop in traffic).
