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Under-valued currency |
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Under-valued currencyThe situation of a currency whose value on the exchange market is lower than is believed to be sustainable. This may be due to a pegged or managed rate that is below the market-clearing rate, or, under a floating rate, it may be due to speculative capital outflows. Contrasts with over-valued currency.Similar MatchesHard currencyHard currencyA freely convertible currency that is not expected to depreciate in value in the foreseeable future. Strong CurrencyStrong CurrencyA currency whose value compared to other currencies is improving, as indicated by a decrease in the direct exchange rates for the currency. Currency revaluationCurrency revaluationA deliberate upward adjustment in the official exchange rate established, or pegged, by government against a specified standard, such as another currency or gold. Moscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia. Currency selectionCurrency selectionAsset allocation in which the investor chooses among investments denominated in different currencies. Further SuggestionsBase currencyCurrency Board Reserve currency Multicurrency clause Currency union Currency Net currency exposure Currency in circulation Foreign currency forward contract Foreign currency translation Currency appreciation Foreign currency futures contract Asian Currency Units (ACU) Optimal currency area Intervention currency Common currency Currency depreciation Soft currency Multicurrency loans Currency futures contract European Currency Unit Eurocurrency Currency Currency overvaluation Reserve currency |
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