Examples of using Sharp devaluation in English and their translations into Russian
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Official
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Colloquial
To that moment, the Government had to carry out the forced sharp devaluation of the ruble.
This sharp devaluation increased further the cost of debt servicing and the debt-to-GDP ratio.
Our forecasts is based on the assumptions of tight macroeconomic policy and no sharp devaluation in response to speculative pressure.
After the sharp devaluation in February, Tenge became somewhat undervalued, and the fundamental pressure on Tenge weakened.
Inflation was much higher in tradable goods as would be expected after a sharp devaluation from USDKZT188 on Aug 18 to USDKZT307 on Nov 30.
The sharp devaluation of the rouble in August 1998 delivered a stronger than expected boost to the Russian economy.
In that regard,the Bureau found that during the year 2011 the national currency of Belarus had indeed undergone sharp devaluation. .
The two sharp devaluations of the manat in Azerbaijan in 2015 had an impact on all aspects of the economy, especially the business sector.
The major drop in the banks' performance indicators occurred in the first quarter of this year,when the impact of the sharp devaluation of the Armenian dram at the end of 2014 was still strong.
The probability of a sharp devaluation under the current exchange rate regime is less than 5% at the current level of oil price volatility.
The situation in the domestic currency market has stabilized somewhat but only in the last few months, following the sharp devaluation of the local currency in late 2008 and early 2009.
DEVELOPMENT PROSPECTS The sharp devaluation of the national currency can be a major negative factor affecting the financial results of the subsegment companies.
In Venezuela, after having declined steadily for five years, inflation shot up as a result of the abandonment of the exchange-band system,which led to a sharp devaluation in the first part of the year.
With regards to the allegations of rushed and sharp devaluation of the Armenian dram, at the present time the Central Bank sees no reasons for the crisis in which this can happen.
This rate, by far the highest in the region, was largely due to the elimination of price controls and the sharp devaluation introduced as part of a draconian adjustment programme.
The very sharp devaluations of the South-East Asian currencies in 1997 and early 1998 and the expected inflation differentials and exchange-rate movements this year appear to be producing a significant cost advantage for China's competitors.
In 2015, the nominal growth of assets was 35%, butit was entirely due to the sharp devaluation of the tenge and a very large share of foreign currency assets and liabilities in the banking system.
The bold new policy actions adopted by Japan, for example, could help reverse the country's economic weakness, but they also entail certain risks anduncertainties as already evidenced by the sharp devaluation of the yen.
More specifically, some Caribbean countries(especially Haiti) witnessed fairly sharp devaluations, and in Jamaica the appreciation of the currency-- a trend that had lasted for many years-- reversed itself.
This is partly explained by the fact that in an effort to retaintheir local customer base, most car makers did not fully adjust the prices in USD/EUR terms in the CIS markets following the sharp devaluation of local currencies since 2014.
The sharp devaluation of the Mexican peso and subsequent financial crisis in Mexico at the end of 1994 and the beginning of 1995 triggered the"Tequila Effect", so-called for its indiscriminate spreading of negative sentiment towards almost all emerging markets.
Thus in most countries control over prices was lifted, consumer subsidies, with few exceptions such as for some basic food products, were eliminated, andtrade liberalization was combined with sharp devaluation of national currencies.
In addition, the sharp devaluation of Russian and Kazakh national currencies during the currency crisis of 2015-16, which eroded the purchasing power of their populations, also contributed to a reduction in the number of tourists coming to Issyk-Kul Lake from CIS countries.
Most of the stabilization packages applied in east Europe in the early 1990s comprised several components common to nearly all countries, such as: a restrictive monetary policies, including high real positive interest rates and contraction of the volume of credit,b sharp devaluation of domestic currencies, c liberalization of most domestic prices, and d a contraction of aggregate domestic demand through direct cuts in government expenditure and falls in private consumption and investment induced by falls in real income and wealth and by high interest rates.
However, it appears that the sharp devaluations of the currencies in the region have not been of immediate benefit to many local exporters, because in some instances exports have been much rationed to secure supplies for the domestic markets in order to contain inflationary pressures.
Thus, for this market the impact of the Asian crisis, with the sharp devaluations of the currencies of the countries in the region, can be expected first to reduce local producers' earnings, but it will also tend to boost the competitive edge of the region's textile industries.
Setting the exchange rate- after the initial sharp devaluation of internal convertibility and a strongly pro-export economic policy, external convertibility was achieved in 1995, and in 1997, after introducing a floating exchange rate, all exchange restrictions were removed;
Only after a painful financial crisis and a sharp currency devaluation did they swing into surplus.
What impact will sharp dram devaluation cause on quality and volume of bank deposits in Armenia?
The main reason for the sharp reduction in import was the Russian ruble devaluation.