@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix isothes: <http://purl.org/iso25964/skos-thes#> .

<https://concepts.sagepub.com/social-science/concept/devaluation>
  skos:definition "Devaluation occurs when a government or its central bank reduces the official price at which its currency can be bought on the foreign exchange (Forex) market. For example, suppose that the current $/£ exchange rate was 2:1, meaning that two USD had to be given up for each 1GBP or, equivalently, that 1GBP was worth 2 USD. If the GBP were devalued, this would mean that fewer USD had to be exchanged for each GBP, meaning that GBP had become cheaper in dollar terms. [Source: <a href=\"https://sk.sagepub.com/reference/businesstoday/n296.xml\" target=\"_blank\" data-id=\"to-sk\">Encyclopedia of Business in Today's World; Devaluation</a>]"@en ;
  skos:broader <https://concepts.sagepub.com/social-science/concept/international_monetary_system> ;
  skos:prefLabel "devaluation"@en ;
  a skos:Concept .

<https://concepts.sagepub.com/social-science/concept/conceptgroup/concepts>
  a skos:Collection, isothes:ConceptGroup ;
  skos:prefLabel "concepts"@en ;
  skos:member <https://concepts.sagepub.com/social-science/concept/devaluation> .

<https://concepts.sagepub.com/social-science/concept/international_monetary_system>
  skos:prefLabel "international monetary system"@en ;
  a skos:Concept ;
  skos:narrower <https://concepts.sagepub.com/social-science/concept/devaluation> .

