Macroeconomics
Revaluation
Definition
What is Revaluation?
An official increase in a currency's value under a managed or fixed exchange-rate system.
Example in practice
How This Looks in Practice
The monetary authority resets the official rate to a stronger level.
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Related Terms
Macroeconomics
Gross Domestic Product
The total market value of final goods and services produced within a country during a period.
MacroeconomicsReal GDP
Gross domestic product adjusted for changes in prices.
MacroeconomicsNominal GDP
Gross domestic product measured at current prices without adjusting for inflation.
Market SentimentRisk-On Market
A market environment in which investors favour higher-risk assets.