41. To date, it is not even clear that BSP has accepted the need for real currency depreciation . 42. However, this impact is mitigated by the consistent currency depreciation of neighbouring countries, particularly Thailand and Indonesia. 43. He said it was only the currency depreciation that would have an effect on the price of newsprint. 44. Rapid currency depreciation erodes the real value of savings; budget austerity may lead to cuts in social spending. 45. Investors panicked into selling, and companies hedging funds against further currency depreciation have fed a loss of confidence. 46. On Saturday, finance ministers and central bankers from the seven largest industrialized nations cautioned against steep currency depreciation . 47. Their conclusions were based on the assumption that exports will not be positively affected by the currency depreciation , 48. Currency depreciation is also a concern.49. The currency depreciation is a blessing in disguise simply because more will be able to pursue their tertiary education. 50. The recent sharp currency depreciations in thetwo countries mean that the two rivals may have gained a new priceadvantage.
