devaluation
noun [ C or U ] uk/ˌdiː.væl.juˈeɪ.ʃən/ us/ˌdiː.væl.juˈeɪ.ʃən/
(MONEY)
贬值，货币贬值
the action of reducing the rate at which money can be exchanged for foreign money
The devaluation of the dollar had a strong effect on the financial markets. 美元贬值对金融市场产生了强烈影响。
currency devaluations 货币贬值
- More examples
- There is scope for further dollar devaluation.
- Governments are pressurizing to avoid devaluation.
- There have been threats of competitive devaluations among the region's exporting economies.
See: devalue