Meanings of sharp devaluation in English

Other reforms included a sharp devaluation of the Egyptian pound and the introduction of a value-added tax.

The reforms included a sharp devaluation of the Egyptian pound that made Egypt more attractive to private capital.

Other measures agreed under the loan include a sharp devaluation of the currency and the introduction of a value-added tax.

On top of that, the sharp devaluation of the ruble raised the cost of foreign auto components by 40 percent.

China's economy will not swiftly reverse course, which might attract flows, nor is it likely to simply allow a sharp devaluation.

Nigeria faced a severe shortage of dollars in 2016 caused by low oil prices, leading to a sharp devaluation of the naira.

Brazil will today begin the tough task of winning back international confidence after sharp devaluations scared off investors with stakes in Latin America's biggest economy.