Sentence examples for sharp devaluation from inspiring English sources

Five successful groups are now renegotiating their prices, following the sharp devaluation in the Thai baht.

A sharp devaluation of the real has made exports more competitive.

A sharp devaluation of the Belarusian rouble in May and a large current-account deficit have left the economy tottering.

Under Lula, it has worried mainly about inflation, which got a push from last year's sharp devaluation of the real.

A sharp devaluation, for example, can eliminate bureaucratic allocation of foreign exchange.A third reason is the sheer scale of the needed adjustments.

Chile's banking crisis of the early 1980s was the result of an overvalued, fixed exchange rate, followed by a sharp devaluation.

The sharp devaluations of the lira in 1992, and again in 1995-96, brought furious responses in other European countries, especially France.

Before the use of the euro, when Europe tried to maintain exchange rate stability but kept separate currencies, there were periodic sharp devaluations of some currencies, most notably the Italian lira.

A country prone to sharp devaluations of the currency must now cope with the real's strength: it has gained about 4.2% against the dollar this year.During the turbulent 1990s, Brazilian firms sought to float on exchanges abroad, calculating that a foreign listing would give them access to deeper pools of money and an implicit stamp of approval in the eyes of investors.

First, the government has floated the currency, achieving a sharp real devaluation, which should help exports.

Still, the results were far below the 22percentt gain in 1998, reflecting Brazil's sharp currency devaluation last year.