exchange depreciation

noun

: reduction of the foreign exchange value of a currency below its true relative value (as for the purpose of stimulating exports)

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Dictionary Entries Near exchange depreciation

Cite this Entry

“Exchange depreciation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20depreciation. Accessed 24 Dec. 2024.

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