(devaluate) depreciate: lose in value; "The dollar depreciated again"
(devalued) debased: lowered in value; "the dollar is low"; "a debased currency"
Devaluation is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged.
(Devalue) is to lower the exchange value of a currency.
The official lowering of the value of one country's currency in terms of one or more foreign currencies. For example, if the U.S. dollar is devalued in relation to the French franc, one dollar will "buy" fewer francs than before.
The act by a government to reduce the external value of its currency.
A government's reduction of the value of its currency, generally through an official announcement.
An announced lowering in the value of one currency relative to another in a fixed exchange rate regime.
The reduction of the official rate at which one currency is exchanged for another. Governments regard devaluation as a means of correcting a balance-of-payment deficit. Devaluation may generate inflation and is usually perceived as a temporary tool for curing the economic ills of a country.
Devaluation is a decrease in value of a specific country’s currency.
The process by which a nation's currency loses value; it may be a purposeful act by the government or the result of global market changes.
When a currency price is adjusted deliberately as announced officially by a government authority.
Official reduction in the foreign value of domestic currency. It is done to encourage the country’s exports and discourage imports.