Depreciate
in example sentence
First, Macri’s government abolished exchange-rate controls and moved Argentina to a floating currency regime, with the Argentine peso allowed to
depreciate
by 60% against the US dollar in 2016.
More example sentences with word depreciate
This is the craft that was going on, but there are a few collectors who also collect art which can
depreciate.
By enabling monetary expansion, and thus causing the US dollar to depreciate, the logic goes, a floating exchange rate allows the prices of US exports to decline relative to its imports.
If, say, the BOJ moved to intervene outright in the exchange-rate markets to
depreciate
the yen, the odds that the People’s Bank of China and the Bank of Korea would opt for weaker currencies would increase.
Not long after the stock-market crash, however, the authorities allowed the currency to
depreciate.
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