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Mr. Cavallo and Mr. López Murphy are well respected on Wall Street and would be expected to relieve fears among investors that Argentina would try to devalue the peso to break out of its recession.
This defies expectations that the Chinese government would try to devalue its already undervalued currency to make Chinese exporters more competitive.
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If he wins the title, it will be well deserved and I would not try to devalue it at all.
If other countries followed suit to try to devalue their currencies, it could set off a round of "currency wars," some warned.
If all nations try to devalue at once, the net effect on exchange rates could cancel out leaving them largely unchanged, but the expansionary effect of the interventions would remain.
If they do estrange you from your family and try to devalue your sense of well being, try your hardest not to take it personally.
"They're trying to devalue their way out of their problems".
"They're trying to devalue the entire property," he said of the Fish and Wildlife Service.
Fast-growing nations like Thailand are trying to devalue their exchange rates to bolster their export-driven economies.
NEW DELHI — When the United States Federal Reserve announced last week that it would buy $600 billion in Treasury bonds to help bolster the economy, it quickly came under attack from Germany, Brazil and China, which said America was trying to devalue the dollar to the detriment of other nations' exports.
The documents further claim that Mr. Abboud, by filing his suit, is trying to devalue JA Apparel so he can buy it back at a reduced price.
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CEO of Professional Science Editing for Scientists @ prosciediting.com