QuakerÂ® Weight Control Instant Oatmeal - Variety Pack is rated 3.6 out of 5 by 42. Rated 5 out of 5 by NACK from Weight Control Oatmeal Cinnamon This is a great on the go breakfast. Please bring back the boxes of Cinnamon only flavor! Date published: 2014-08-18.
A central bank maintains a fixed value of its currency by standing ready to buy or sell foreign currency with its own currency at a stated rate; a devaluation is a change in this stated rate that renders the foreign currency more expensive in terms of the home currency.
How it works/Example: A currency is considered devalued when it loses value relative to other currencies in the foreign exchange market. A currency 's devaluation is the result of a nation's monetary policy.A central bank can make the conscious effort to make its currency less valuable.f Country XYZ's currency is set at a fixed exchange rate of 2:1 to the U.S. dollar and, due to a weak economy, XYZ cannot afford to pay the interest rate on its debt outstanding, XYZ may devalue their currency. This means the central bank of XYZ will declare their fixed exchange rate to be 10:1 to the U.S. dollar.