Sentence examples for substantial devaluation from inspiring English sources

He said he foresaw a "substantial" devaluation.

British exporters want a substantial devaluation.

There is "no basis for persistent and substantial devaluation", said a deputy central bank governor, Zhang Xiaohui, at a hastily convened news conference on Thursday.

With the euro-zone economy still chronically depressed, and the U.S. economy expanding at an annual rate of more than four per cent, a substantial devaluation of the euro is precisely what is needed.

But nothing that has been done so far provides any reason to hope that Greece will be able to revive its economy without an exit and a substantial devaluation of the new Greek currency.

With a substantial devaluation of their currency now certain, Argentines braced for the worst today as President Eduardo Duhalde and his newly appointed cabinet discussed ways to cushion the blow and avoid a repetition of the riots and protests that toppled his predecessor last month.

Substantial devaluations of the national currency, the leone, also occurred, and a series of economic stabilization programs supported by the International Monetary Fund were initiated to address these problems.

A notable example is the substantial devaluations which occurred during the Napoleonic wars.

That said, BGG also provide evidence of a substantial internal devaluation, at least as measured by unit labor costs.

A substantial 40% devaluation of the dollar against the Chinese yuan, the Indian rupee and the Russian ruble would help, but probably not enough to reverse course, and has little chance of happening today.

He wrote: "To our astonishment, when we came back... in March 1966 with a substantial majority, there was no devaluation and growth was held back, in the interests, as we saw it, of maintaining an overvalued pound.