felértékelést

Felértékelés is a Hungarian term that translates to "revaluation" or "upvaluation" in English, typically referring to a deliberate increase in the official exchange rate of a country's currency against other currencies or a standard like gold. This action is usually undertaken by a government or central bank. The primary goal of a felértékelés is often to strengthen the domestic currency, making imports cheaper and exports more expensive. This can help to curb inflation by reducing the cost of imported goods and services. Conversely, it can make a country's exports less competitive on the international market, potentially harming export-oriented industries. The decision to revalue a currency is a significant economic policy choice with wide-ranging implications for trade, investment, and the overall health of the economy. It is often considered when a country's currency is perceived to be undervalued.