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English definition of “devaluation”

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devaluation

noun [C or U]
 
 
/ˌdiːvæljuˈeɪʃən/ FINANCE, ECONOMICS
a reduction in the value of a currency compared to others: The devaluation of the dollar had a strong effect on the financial markets. Currency devaluation has inflationary consequences.
Translations of “devaluation”
in Russian девальвация…
in Turkish paranın değerini düşürme, devalüasyon yapma…
in Polish dewaluacja…
(Definition of devaluation from the Cambridge Business English Dictionary © Cambridge University Press)
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