Revaluation

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

Definitions

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

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

Related lectures

• Introduction to Financial Management.[[Category