- an official lowering of the exchange value of a country's currency relative to gold or other currencies.
- a reduction of a value, status, etc.
Origin of devaluation
Examples from the Web for devaluation
Contemporary Examples of devaluation
It does no good to goose your manufacturing exports with a devaluation if your manufacturers can't buy raw materials.Euro Crisis: Reheated
February 27, 2013
Exporters would presumably like that, since it will lead to a devaluation of the shekel.Fischer King Departs
January 31, 2013
Inflation in the high-growth economies will change the relative real wages between the counties the same way a devaluation can.Countdown to Euro Crack-Up
May 31, 2012
Casting him as a Muslim is a convenient—and provocative—form of devaluation in a society which is fearful of Muslims in general.Ignorant America
August 30, 2010
Unexpected turns in suburban desperation, deception and devaluation.This Week's Hot Reads
The Daily Beast
June 30, 2010
Historical Examples of devaluation
Then the day after devaluation, we switch it all back into dollars again.The Common Man
Guy McCord (AKA Dallas McCord Reynolds)
Rouble inflation will not fully reflect the devaluation for a long time.
They erected defensive barricades of self-aggrandizement and of my devaluation.
Avoid contentions, divisions and animosities, which too frequently terminate in bloodshed and devaluation.Dr. Stearns's Tour from London to Paris
- a decrease in the exchange value of a currency against gold or other currencies, brought about by a governmentCompare depreciation (def. 4)
- a reduction in value, status, importance, etc
A policy undertaken by a nation to reduce the value of its national currency either in relation to gold or in relation to the currencies of other nations.