French Marijuana Laws. Historically, punishment for marijuana possession in France has been harsh, with a zero tolerance policy against use, possession and trafficking. Since 1994, the laws have been under scrutiny, both because of mounting public pressure to reform and financial pressure on the country.
devaluation - an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries. regulating, regulation - the act of controlling or directing according to rule; fiscal regulations are in the hands of politicians.
When the U.S. dollar depreciates relative to a foreign currency, the exchange rate between the two currencies rises. The increased exchange rate means itâs more expensive for a domestic business to convert U.S. dollars to a foreign currency and cheaper for a foreign business to convert its currency to U.S. dollars.