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  1. Dictionary
    devalue
    /ˌdiːˈvaljuː/

    verb

    • 1. reduce or underestimate the worth or importance of: "I resent the way people seem to devalue my achievement"

    More definitions, origin and scrabble points

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  3. Jun 21, 2024 · Devaluation occurs when a government wishes to increase its balance of trade by making exports cheaper and imports more expensive. It does this by reducing the value of its currency relative to foreign currency.

  4. Jun 16, 2024 · Devaluation refers to a deliberate action taken by a country's central bank or government to reduce the value of its currency in relation to other currencies. This is typically done in an attempt to boost the country's exports and make its goods more attractive in international markets.

  5. 3 days ago · These are a sudden and drastic devaluation in a nation's currency matched by volatile markets and a lack of faith in the nation's economy. A currency crisis can sometimes be...

    • Brent Radcliffe
    • 1 min
  6. 6 days ago · Deflation causes the nominal costs of capital, labor, goods, and services to fall, though their relative prices may be unchanged. Deflation has been a popular concern among...

  7. en.wikipedia.org › wiki › InflationInflation - Wikipedia

    1 day ago · At that time, the term inflation referred to the devaluation of the currency, and not to a rise in the price of goods. This relationship between the over-supply of banknotes and a resulting depreciation in their value was noted by earlier classical economists such as David Hume and David Ricardo , who would go on to examine and debate what ...

  8. 5 days ago · It is called devaluation the decrease in the nominal value of a country’s currency or currency with respect to other foreign currencies, considered stronger and used as a reference value. It is also known as depreciation since the currency becomes cheaper on the international market.

  9. Jun 26, 2024 · Devaluation is when a country lowers the value of its currency compared to other currencies. This is usually done by the government or the central bank of that country. Keep reading to understand devaluation better, including examples and its effects.