Examples of using Devaluations in English and their translations into Indonesian
{-}
-
Colloquial
-
Ecclesiastic
-
Computer
-
Ecclesiastic
China has pledged that it would not engage in competitive devaluations.
The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility.
There was a lot of talk last week about China's yuan devaluations.
The G-20 has committed to refrain from competitive devaluations and not target exchange rates for competitive purposes.
Currency devaluations among economies heavily dependent on oil exports are a feature of the current oil drop.
People also translate
Discontent is simmering in Pakistan following repeated devaluations of the rupee, soaring inflation and increasing utility costs.
As we look at trade issues there is no question that we want to make sureChina is not doing competitive devaluations," Mnuchin said.
Gold will protect from currency devaluations- whether that be in the form of the euro itself being devalued or in the form of reversions to drachmas, escudos, pesetas and punts and subsequent devaluations.
The financial leadersare to reiterate their pledge to refrain from competitive devaluations and not target exchange rates for competitive purposes.
Endemic governmental corruption, mismanagement and neglect over a number of years, led to hyperinflation(4,000% p. a.by 1991), a large external debt, and massive currency devaluations.
This is dangerous for capitalism because it was precisely protectionism andcompetitive devaluations that turned the 1929 Crash into the Great Depression.
While inflation and devaluations were prominent factors in determining the cost of living, many cities surveyed tumbled down the ranking owing to economic turmoil, currency weakness or falling local prices, the report said.
On August 11, 2015, the People's Bank of China(PBOC)surprised markets with three consecutive devaluations of the yuan renminbi or yuan(CNY), knocking over 3% off its value.
China will not engage in competitive currency devaluations, Premier Li Keqiang has stressed, hours after China hit back with a softer punch than the one landed by the US in an escalating tariff war between the world's largest economies.
The period between the World Wars was characterised by a wave of protectionism andcompetitive devaluations that depressed world trade and intensified the slump for a decade.
Investors' focus is shifting to China's National People's Congress, which is scheduled to begin on March 5, after finance chiefs from the G-20 agreed to consult closely on foreign exchange markets andreiterated past pledges to refrain from competitive devaluations.
And a devaluation of the renminbi(or yuan, as it is also called) would provoke a devastating chain of competitive devaluations in Asia and beyond and possibly drag the whole world into recession.
Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.
The impact of the Yuan devaluation in August 2015 by the People's Bank of China(PBOC) shook the markets with three consecutive devaluations of the Yuan Renminbi(CNY) remaining 30% the currency lower than its previous value.
I mean, look,we're being hurt very badly by China with devaluations with taxing us heavily at the borders when we don't tax them, with building a massive fortress in the middle of the South China Sea which they shouldn't be doing, and frankly with not helping us with at all with North Korea.
In Asia earlier, the Chinese yuan was steady,underpinned by reports that a memorandum aimed at stopping competitive devaluations is part of the deal that the U.S. and China are working on to resolve their trade differences.
We reaffirm our fiscal and monetary policies have been and will remain oriented towards meeting our respective domestic policy objectives, using domestic instruments and we will not target exchange rates for competitive purposes", it said,underlining the importance of refraining from competitive devaluations.
Monetary policy aloneis unlikely to induce the large and persistent devaluations that are needed to bring that result,” IMF chief economist Gita Gopinath and IMF researchers Gustavo Adler and Luis Cubeddu said in the post.
In a fact sheet on the deal released Dec. 13, the administration said the agreement would address“'unfair currency practices byrequiring high-standard commitments to refrain from competitive devaluations and targeting of exchange rates.”'.
The International Monetary Fund said on October 13 itsmembers pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade frictions and higher borrowing costs threatened to knock global growth.
A draft communique showed finance ministers and central bank heads fromG20 countries may no longer explicitly reject protectionism or competitive currency devaluations, promising only to keep an“open and fair international trading system”.
At the same time, the U.S. central bankwill remain cautious about further competitive devaluations that could send the dollar much higher than its rise against the yuan on Tuesday, and complicate the Fed's outlook on rates, which were widely expected to be hiked in September, before China's move.
No party shall be deemed liable for a partial or complete failure to meet its obligations under this Agreement, in case of force majeure events, including but not limited to civil war, unrest, insurrection, international intervention, any governmental actions, exchange controls,nationalisations, devaluations, forfeitures, natural disasters, act of God, and other inevitable or unforeseeable, unanticipated, and unpredicted events not depending on the will of the parties.