THE INTENTIONAL DEVALUATION OF THE HARDENING CURRENCIES IN THE WORLD MARKETS CAN BE SIGNIFICANT AS THE STRENGTHENING OF ITS POWER PURCHASE.


Intentional devaluationof the hardening currencies for the major leading nations in the manufacturing, industrial production and in the export,or import trades could be as significant as the strengthening of the power purchase, or the value of specific currency of different nations in the world markets as it may have been observed in the flactuating value of the USA currency the dollar, the hardening Euro, the intentionally stabilized value of the karson dollar and the general request for the increase in value of the intentionally devaluated yuan in the world markets.
China aim to harden its currency the yuan in the world markets could mean lucrative gains in billions of dollars for the businesses trading in the Chinese currency on one hand and on the other hand it could temporarily hurt China's exports and similarly it may add expense to its imports as aresult Chinese domestic and foreign markets have been expected to experience general decrease in sales of many of its products after the revaluation of the Chinese currency the yuan in the world markets.

Written by Godfrey Ohia.