revaluation

revaluation definition - business

revaluation

An increase in the value of one currency in relation to other currencies. Revaluation is generally undertaken by a government because of pressure from trading partners that are running large trade deficits and want their businesses to become more price competitive. Compare devaluation.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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