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Devaluation

dee-val-yoo-AY-shun

/diːˌvæljʊˈeɪʃən/

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Syllable breakdown

Devaluation

Dictionary meaning

A deliberate reduction in the value of a currency relative to other currencies.

Examples

  • Devaluation makes exports cheaper but increases the cost of imports.

Pronunciation tips

Five syllables. Stress on fourth syllable.

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