devaluation

Noun

Meaning

the reduction of something's value or worth

an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries

Source: WordNet

Synonyms

fall depression ruble drop reduction decline decrease collapse crash descent degradation contraction lowering impairment weakening
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Antonyms

development building growth construction advantage care
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Hypernyms

reduction decrease regulation diminution regulating step-down

Hyponyms

evisceration

Phrases with the word

competitive devaluation

Examples

A 40 per cent devaluation of the Zimbabwean dollar was allowed to occur and price and wage controls were removed. Source: Internet

A bright spot in 1999 was the recovery of international petroleum prices, which, combined with a well-timed tenge devaluation and a bumper grain harvest, pulled the economy out of recession. Source: Internet

Acheampong's National Redemption Council (NRC) claimed that it had to act to remove the ill effects of the currency devaluation of the previous government and thereby, at least in the short run, to improve living conditions for individual Ghanaians. Source: Internet

After the 1984 baht devaluation and the 1985 Plaza Accord, although the public sector struggled due to fiscal constraints, the private sector grew. Source: Internet

After making one adjustment of the exchange rate to minimize negative effects on exports, the government stopped the process of continuing devaluation in order to help hold down inflation. Source: Internet

After a major currency devaluation in 1990, average Honduran workers were among the most poorly paid workers in the Western Hemisphere. Source: Internet

Close letter words and terms

devalorization devalorize devaluate devaluational devaluationary devaluative