Devaluation - Mastering Devaluation Navigating Global Finance with Confidence
Fouad Sabry
Maison d'édition: One Billion Knowledgeable
Synopsis
What is Devaluation In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Devaluation Chapter 2: Currency Chapter 3: Gold standard Chapter 4: Exchange rate Chapter 5: Hong Kong dollar Chapter 6: Balance of payments Chapter 7: Bretton Woods system Chapter 8: Currency board Chapter 9: Indian rupee Chapter 10: Mexican peso crisis Chapter 11: Foreign exchange reserves Chapter 12: Impossible trinity Chapter 13: Floating exchange rate Chapter 14: Nixon shock Chapter 15: Revaluation Chapter 16: Currency intervention Chapter 17: Fixed exchange rate system Chapter 18: London Gold Pool Chapter 19: Currency war Chapter 20: International use of the U.S. dollar Chapter 21: Fear of floating (II) Answering the public top questions about devaluation. (III) Real world examples for the usage of devaluation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Devaluation.
