Synonyms for

Devaluation

Verb / dɪˌvælju:ˈeɪʃʌn / / ˌdi:vælju:ˈeɪʃʌn / Another word for devaluation — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

The act of reducing the value of a currency in relation to other currencies.

Synonyms & similar words

depreciation downgrading devaluing cheapening diminishment

Example sentences

  1. The devaluation of the currency made it more expensive to travel abroad.
  2. The government announced a devaluation of the national currency.
  3. Investors were worried about the potential devaluation of their assets.
  4. The devaluation of the company's stock caused a decline in its market value.
  5. Devaluation can affect the purchasing power of consumers.

Quotes

  • "Devaluation always produces a boom and the temporary illusion of prosperity." - Paul Craig Roberts
  • "Devaluation may be necessary at times, but it is always a confession of impotence." - Ludwig Erhard
  • "Devaluation is the deliberate reduction in the official exchange rate." - W. Arthur Lewis

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