Sentence examples for devaluation amounts from inspiring English sources

Exact(2)

So far, the devaluation amounts to about 3%.

Since December 1, 2017, the peso devaluation amounts to more than 60% while inflation over the past twelve months to May stood at 26.3%, meaning it is accelerating once again.

Similar(58)

Eichmann had not arranged the deal without encountering considerable opposition from the German financial authorities, who, after all, could not remain unaware of the fact that these transactions amounted to a devaluation of the mark.

According to the institute's calculations, $81 billion exited these markets in the months after the Chinese devaluation scare last August — an amount that approached that $96 billion that fled during the financial crisis.

To be fair, Ireland is doing a bit better than feared; it's achieving a significant amount of "internal devaluation" via deflation, which is leading investors to mark up the possibility that it might actually avoid default.

George Soros worried about a yen plunge yesterday saying thatIf the yen starts to fall, which it has done, and people in Japan realise it's liable to continue and want to put their money abroad, then the fall may become like an avalancheOf course, a certain amount of yen devaluation will be welcomed by the Japanese government since the prime minister called for it in December.

Today, a breakup of the world system would take a different form: the competitive devaluation of currencies in which large amounts of debt are held by other countries, or the closure of financial markets to certain countries.

It amounts to a 7% devaluation in all such transactions, based on the euro's value Monday of 86 U.S. cents.

Latvia's flexible economy means it may manage painful reforms that amount to an "internal devaluation".

This analysis, however, ignores the fact that China's devaluation, an impressive 50% on paper, amounted to less in fact.

Withdrawal which amounted to a forced devaluation of the pound sterling was a political disaster for the Conservative government, but George managed the technical side of the crisis with consummate skill.

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