Sentence examples for small devaluation from inspiring English sources

The Malaysian ringgit has suffered a small devaluation.

So Chinese officials announced a small devaluation, and have then allowed the market to send the yuan lower.

In a classic example of reflexivity, when China's stock market boom turned into July's bust, the government responded with a $200bn attempt to support prices, closely followed by a small devaluation of the previously stable yuan.

A small devaluation of 9.7percentt was announced Tuesday night just to cover the inflation-induced decline in the currency's value during a three-day bank holiday, which was declared to prevent more funds from being withdrawn from banks before Mr. Collar announces his economic program.

China unexpectedly made small devaluations in its currency in early August and in late December, both times leading to drops in world stock markets.

Many economists agree in principle, but favor a smaller devaluation, say 15percentt.

But the odds of a Chinese devaluation are small.

We have run stress tests using scenarios of a small and a bigger devaluation in Latvia, he went on.

However, within that big lesson is a smaller one, that devaluations cause trade tensions.

We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal instruments can robustly replicate the real allocations attained under a nominal exchange rate devaluation in a dynamic New Keynesian open economy environment.

François Mitterrand, who as French president was one of the signatories of the Maastricht treaty, is said to have remarked that "devaluations are never small enough to avoid losing face and never large enough to make a real difference to exports".