Sentence examples for dramatic devaluation from inspiring English sources

Among Beijing's actions, the biggest shock came from a dramatic devaluation of the yuan in an apparent attempt to shore up flagging exports.

But just as the Chinese authorities did not resort to a big one-off appreciation when the yuan seemed too weak, they are unlikely to embark on a dramatic devaluation now that it is looking strong.The yuan has been one of the world's top-performing currencies this year.

Analysts predict a dramatic devaluation of the new currency, accompanied by rapid inflation and business failures.

Wouldn't it be safer to keep one's money in bonds or gold, where it might be less susceptible to dramatic devaluation than an overpriced condo in midtown?

That would mean a swift reintroduction of the Greek drachma, and, almost certainly, an instant and dramatic devaluation of the new currency.

For average citizens, a peso that loses its value (over time or in one dramatic devaluation) only exacerbates the power of inflation to eat away at their savings.

"Any dramatic ongoing devaluation [of the dollar] will be offset in the dollar-denominated price per barrel," says Bill Singer, shareholder at Stark & Stark law firm.

But a year after Argentina's dramatic default and devaluation, and long after most economists had expected the place to plummet into hyperinflation, there are ever more signs that the economy is over the worst.

In his book, Carlos Salinas attributes the dramatic implosion of Mexico's economy in 1995 to his successor's clumsiness in carrying out the December 1994 peso devaluation.

Dramatic, dramatic, dramatic!

Devaluation of the franc.