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.
The depreciation of a country's currency refers to a decrease in the value of that country's currency. For instance, if the Canadian dollar depreciates relative to the euro, the exchange rate (the Canadian dollar price of euros) rises: it takes more Canadian dollars to purchase 1 euro (1 EUR=1.5 CAD â 1 EUR=1.7 CAD).