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Exact(7)
He said he foresaw a "substantial" devaluation.
British exporters want a substantial devaluation.
With the euro-zone economy still chronically depressed, and the U.S. economy expanding at an annual rate of more than four per cent, a substantial devaluation of the euro is precisely what is needed.
But nothing that has been done so far provides any reason to hope that Greece will be able to revive its economy without an exit and a substantial devaluation of the new Greek currency.
With a substantial devaluation of their currency now certain, Argentines braced for the worst today as President Eduardo Duhalde and his newly appointed cabinet discussed ways to cushion the blow and avoid a repetition of the riots and protests that toppled his predecessor last month.
Consequently, there is potential for a substantial devaluation of human capital when they disclose bad acquisitions and use ATPs to extract private benefits from control.
Similar(51)
With quantitative easing seemingly on the way in the rest of Europe, and with a further substantial devaluation of the euro imminent, the Swiss National Bank realized that maintaining the currency cap for another two or three years would have involved more large-scale intervention in the currency markets.
There is "no basis for persistent and substantial devaluation", said a deputy central bank governor, Zhang Xiaohui, at a hastily convened news conference on Thursday.
That said, BGG also provide evidence of a substantial internal devaluation, at least as measured by unit labor costs.
A substantial 40% devaluation of the dollar against the Chinese yuan, the Indian rupee and the Russian ruble would help, but probably not enough to reverse course, and has little chance of happening today.
Surely, given the certainty of immediate and substantial devaluation, the Irish would take their existing euros out of the Irish banking system and into German and French banks as fast as possible, generating an even-bigger financial failure than we've seen so far.
More suggestions(16)
a serious devaluation
a substantial impairment
a major devaluation
a substantial weakening
a substantial downgrading
a sizable devaluation
a substantial turnover
a large devaluation
a massive devaluation
a substantial currency
a huge devaluation
a substantial decrease
a substantial write down
a substantial overhaul
a substantial core
a substantial city
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Justyna Jupowicz-Kozak
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