How often we hear the word "devaluation" on TV. This term is frightened by leading news, politicians, various experts. But what is it and is it worth afraid of this devaluation? Let's try to clarify the situation.
What is devaluation?
The word "devaluation" is clear to us, the word "devaluation" is translated as "depreciation" and means a decrease in the value of the national currency in relation to stable currencies, such as a dollar or euro. The word comes from Latin "de" and "Valeo" - down and cost. This term appeared when the Golden Standard acted in the world, and the essence of it was reduced to the concept of "a decrease in the amount of gold in the cost of one unit of money." Devaluation can be smooth - when the course hesitally fluctuates, gradually decreased over a large period of time, and there is a sharp - the rate falls a few days several times. 
What threatens the devaluation of the ruble?
The effect of the devaluation of the national currency almost always leads to negative consequences. Exceptions are only exporting-oriented companies, and even if the raw materials are purchased for cheap rubles, and the finished products are sold for expensive currency. In all other cases, devaluation on the contrary, stimulates the rise in prices for foreign goods, whose share in the market continues to remain quite high. Moreover, the increase in the value of imported raw materials necessarily leads to an increase in production costs and as a result, price increases also on domestic goods. And this in turn leads to another, no less negative, phenomenon - inflation. Raising prices, with unchanged payroll rates and pensions, leads to a decrease in the purchasing power of the population. And the more sharpness is devaluation, the more national money depreciates, the less goods and services can afford the average person, the more his standard of living falls.
What if the ruble devaluation occurs?
The first thing that comes to many people is the thoughts about buying foreign currency. If national money has already depreciated, then it does not make sense to buy currency, it is better to wait when the course will come back to normal. If such perspectives are not planned, then better accumulated money is to invest somewhere, and the investment should be highly liquid and low-altending over time. If there is a little money, then the purchase of household appliances or jewels will be a good option, with more accumulations, you can think about the acquisition of real estate from which you can also receive passive income by renting it. If the only option for yourself you chose exactly the purchase of currency, then in this case it is desirable to diversify their savings. This means that you should not translate all your money into one currency, but choose a few. Moreover, it is not necessary to be limited to generally accepted dollars and euros, there are enough countries in the world from developed economies, whose currencies are very stable. These are such currencies as:
- cNY;
- swedish crown;
- swiss pound;
- english pound
- norwegian crown;
- japanese yen.
And if the economy is also exported, such as in Japan, then this is another additional plus towards choosing its currency.
What to do with loans for the devaluation of the ruble?
In devaluation conditions, the loan becomes a more difficult task than in the period of stability. Banks begin to advance more stringent conditions, trying to minimize their risks. Popular measures and restrictions are:
- an increase in the first installment;
- adjustment of the maximum loan amount to a smaller side;
- stringent requirements for the granted pledge;
- revising interest rate.
Those who already have a currency loan, we must try to restructure it with all the forces to the ruble option, to prevent a sharp increase in costs due to the raising course. 
Economic policy is complex and confusing at the same time. It is because of this, to ensure that it is happening with the currency, it is necessary to make the necessary measures very carefully and in time. It will not only save your savings from the depreciation, but, with the right approach, it will also help earn.
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