Meanings of massive devaluation in English

Such a massive devaluation would savage the wealth of all other depositors.

He said the countries' " massive devaluation of their currencies" is affecting American farmers.

The US president said, Brazil and Argentina have been presiding over a massive devaluation of their currencies.

It took a massive devaluation and a debilitating financial crisis in 1998 to resurrect consumer appetite for indigenous goods.

On Monday, he said he would hit Brazil and Argentina with trade tariffs for " massive devaluation of their currencies".

The downward move was the biggest since a massive devaluation in 1994, and appeared to reverse a previous strong yuan policy.

But an Argentinian-style cure - massive devaluation and conversion of bank accounts -is unlikely to produce the same recovery in Greece, thinks Leaviss.