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devaluation

[ UK /diːvˌæljuːˈe‍ɪʃən/ ]
[ US /ˌdivæɫjuˈeɪʃən, dɪˌvæɫjuˈeɪʃən/ ]
NOUN
  1. an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
  2. the reduction of something's value or worth

How To Use devaluation In A Sentence

  • Here we may be sneering at the devaluation of the single currency, but in Germany they're laughing all the way to the export markets.
  • The devaluation of the pound will make British goods more competitive abroad.
  • This leaves the ‘old school economic policies’ of dollar devaluation and deficit financing to help reflate the economy and fend off deflation and boost exporters.
  • The currency had already been weakened after China carried out the biggest devaluation in two decades last year. Times, Sunday Times
  • Other aspects include dealing with derealization / dissociation, idealization/devaluation, harsh self-evaluation, and anxiety and depression.
  • The subcategory is the devaluation of peoples homes, and unemployment is right up there. Naplesnews.com Stories
  • Investors are also scrambling to buy dollars before an expected devaluation. Times, Sunday Times
  • The way a devaluation works is to cut real wages (by raising import prices) while keeping nominal wages constant. Times, Sunday Times
  • When the housing bubble collapsed, Americans suffered hugely from the devaluation of their main assets, their homes, while the bankers filled their pockets and passed on the mortgages in the form of national debts to foreign banks. Dr. Behzad Mohit: The U.S. Tea Party and General Strikes in Europe -- The Outrage of the Middle Class
  • In a separate briefing, Belarus 'Deputy Central Bank Chairman Vassily Matyushevsky said the central bank was planning a gradual devaluation of the Belarus rouble, which is managed against an undisclosed basket. The BEING HAD Times
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