Difference between revisions of "Revaluation"

Revision as of 19:16, 2 July 2020

Revaluation is a situation that occurs when the relative price of a currency is increased. It is the opposite of devaluation.

Revaluation. Occurs when the relative price of a currency is increased. It is the opposite of devaluation.

Revaluation. An action undertaken by the central bank to raise the value of a currency under a system of ﬁxed exchange rates. (Cf. devaluation.)

Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

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 According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]],
 :[[Revaluation]]. Occurs when the relative price of a currency is increased. It is the opposite of devaluation.
+According to [[Macroeconomics by Mankiw (7th edition)]],
+:[[Revaluation]]. An action undertaken by the central bank to raise the value of a currency under a system of ﬁxed exchange rates. (Cf. devaluation.)
 ==Related concepts==
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 *[[Introduction to Financial Management]].
-[[Category: Financial Management]][[Category: Articles]]
+[[Category: Financial Management]][[Category: Articles]][[Category