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overvaluation |
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See: exaggeration
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Substantial currency overvaluation in Mozambique has the potential to significantly impede its economic development," said the report, a working paper which while published by the IMF does not necessarily reflect its views. In the meantime, continued gains may be considered in the context of creating a more pronounced overvaluation, presenting an increasingly more attractive selling opportunity ahead. John Hawks worth, head of macroeconomics at PwC, said: "Although the estimated average UK house price overvaluation of around 25 per cent in mid-2007 has now been largely eliminated, our analysis suggests that house prices could still have further to fall over the next year. |
overvaluation |
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