„Revaluation“

What does Revaluation stand for?

1. The restoration of the value of a nation’s currency that had once been devalued in terms of the currency of another nation.

2. The restoration of purchasing power to an inflated currency.

3. Restoration of the value of a currency

4. Currencies of countries undergoing inflation are more often “devalued,” meaning that either by market forces or by declaration of the issuing government, a greater number of units of its currency are required to purchase other currencies. When the reverse occurs, usually in an attempt to restore the purchasing power of an inflated currency, this is called “revaluation.”

Source:

Eichengreen, Barry. “Globalizing Capital: A History of the International Monetary System.” Princeton University Press, 2008.

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