Sentence examples for strong devaluation from inspiring English sources

In theory, one can imagine that a strong devaluation related to a return to the Drachma can boost Greek exports and competitiveness in the short run.

"There is a strong devaluation element," that benefits Americans and their anemic currency, said José-Luis Zoreda, who publishes a quarterly analysis of the tourism industry here.

"The central bank had two alternatives: assume a short-term crisis with a strong devaluation of the peso, or selling dollars on the futures market, deplete the reserves and accept a currency crisis.

The economic reforms of 1990 led to a strong devaluation of our currency and an inflation that decreased real salaries, and important sectors of the middle class were forced into destitution.

The fast economic recovery was propitiated by the new structure of relative prices that emerged from the strong devaluation of the peso in 2002: the fall in real wages increased the competitiveness of Argentina's products and deterred imports.

Our paradigm did not test these two models directly; however, we found a strong devaluation effect from aversive taste in social drinkers.

He said he foresaw a "substantial" devaluation.

British exporters want a substantial devaluation.

Predicted price rises for fuel will coincide with strong pressure for a devaluation of the currency, a toxic mix that has frightened off previous governments.

As a result, unilateral euro-adoption or devaluation are strong possibilities.Estonia raised the standard rate of value-added tax (VAT) from 18% to 20% on July 1st as part of an ongoing effort to keep the budget deficit within 3% of GDP this year, so that the country can be positively assessed against the Maastricht criteria in early-to-mid 2010 and join the euro zone at the start of 2011.

The above case for devaluation however, strong as it is, applies to any queer woman of color, and still doesn't explain the staggering 2percentto50percentclimbclimb.