Joyce Banda

But the fact that we had to devalue by 40% at once means that Malawians are feeling the shock, the impact of that huge devaluation and particularly rural people, the poor are the ones that are going to be most affected. That is why there is the austerity plan.

Politician

Dennis Prager

In little more than a generation, feminism has obliterated roles. If you wonder why so many men choose not to get married, the answer lies in large part in the contemporary devaluation of the husband and of the father - of men as men, in other words.

American Journalist

Marilyn Hacker

Given the devaluation of literature and of the study of foreign languages per se in the United States, as well as the preponderance of theory over text in graduate literature studies, creative writing programs keep literature courses populated.

American Poet

Kurt Eichenwald

Bitcoins can be traded or used for purchases, but only with those sellers who will accept them. Because it is a system independent of external meddling, there can be no sudden devaluation of Bitcoins through the actions of governments.

American Editor

Baba Kalyani

Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.

Indian Businessman

Klaus Schwab

Sometimes, if a country's currency is overvalued in real terms, and it looks like the current account is going to be in deficit for the foreseeable future, devaluation can make sense.

German Economist

Alberto Fernandez

Mr. Macri's government caused damage similar to what Argentina suffered in 2001: a debt default, no foreign-currency reserves, a steep devaluation and increased poverty.

Argentinian Politician

Steve Wynn

It's very difficult for the middle class in America to keep up because of the inflationary pressure and the devaluation of the dollar.

American Businessman

Jesmyn Ward

I can't stop thinking about the devaluation of black life, and I find it seeping into everything I write.

American Novelist

Lou Jiwei

Austerity policy without currency devaluation can only hamper economic growth.

Chinese Politician

Devaluation is often deliberate to boost exports by making them cheaper abroad.

Economic Strategy

The term suggests official action, not natural market movements.

Government Action

Devaluation can lead to inflation, as imports become more expensive.

Inflation Link

Devaluation can imply a shift in societal values, not just economic.

Cultural Importance

Often subjective, implying disregard or underestimation of something's worth.

Subjective Perception

Market devaluation might occur in reaction to events like a scandal.

Market Reaction

It reflects investors' perception of a company's future prospects.

Investor Sentiment

 as a small, open economy. To balance the books, the Latvian government chose a strategy of internal devaluation. Now, in essence, that meant drastically reducing public budget spending, so, slashing public sector workers' wages, shrinking civil service,