revaluation

Definitions

Accounting

  • noun an act of revaluing

Banking

  • noun the increasing of the value of a currency

Economics

  • noun a method of calculating the depreciation of assets, by which the asset is depreciated by the difference in its value at the end of the year over its value at the beginning of the year (used only for small items, and under historical cost principles)

Forex

  • A substantial change that is usually an increase to a nation's official fixed exchange rate usually by a government or central bank. For example, the Chinese yuan has gone through various revaluation phases since having its value officially pegged to the U.S. Dollar in the forex market by the People's Bank of China.
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