LES 16 ATOUTS  DU WAT$1

THE END OF DEVALUATIONS












A currency is devalued when the monetary authorities decide to lower its exchange rate against a reference currency.


The devaluation aims to increase economic competitiveness, by restoring a balance, by a correction of imbalance (trade deficit)


The WAT $ being non-convertible and decorrelated from any other currency or precious material, the possibility of devaluation is definitely discarded.