devaluation

devalüasyon, değer düşürme

the act of reducing the monetary value of a currency or other asset

The country's devaluation made foreign goods more expensive.

• After the crisis, the central bank announced a sudden devaluation of the currency.
• Economists argue that devaluation can boost exports but also increase inflation.
• The prolonged devaluation of the peso eroded public confidence in the financial system.
• Scholars contend that strategic devaluation, when combined with fiscal reforms, may restore competitiveness in the long term.

• currency devaluation · para biriminin değer kaybı The recent currency devaluation has raised import prices.
• devaluation of the pound · poundun değer kaybı Investors are worried about the devaluation of the pound after the referendum.
• currency devaluation Currency devaluation raised import prices.

sb: birisi · sth: bir şey

zıt: appreciation