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Forex market What is foreign exchange revaluation?
avatar Catkathyy
Question by: Jeremy - 29 May 2014, 09:01:37
What is foreign exchange revaluation?
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Answers (1)
avatar user 4182
Answer by: Joseph - 07 Jan 2015, 03:45:09

A calculated adjustment to a country's official exchange rate relative to a chosen baseline. The baseline can be anything from wage rates to the price of gold to a foreign currency.

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