a decrease in the exchange value of a currency against gold or other currencies, brought about by a government
Compare depreciation (sense 4)
2.
a reduction in value, status, importance, etc
devaluation in American English
(diˌvæljuˈeɪʃən)
noun
1.
a.
a reduction in the amount or fineness of a metal, esp. gold, officially designated as the standard of value of a monetary unit
b.
an official lowering of the exchange value of a currency with reference to other currencies
2.
a lessening in value, importance, etc.
devaluation in Finance
(divælyueɪʃən)
noun
(Finance: Foreign exchange)
Devaluation is a deliberate decrease in the exchange value of a currency against another currency that is madeby a government.
It will lead to devaluation of a number of currencies.
This sector has been badly hit, particularly since the devaluation of South East Asian currencies.
Devaluation is a deliberate decrease in the exchange value of a currency against another currencythat is made by a government.
devalue
Examples of 'devaluation' in a sentence
devaluation
The currency had already been weakened after China carried out the biggest devaluation in two decades last year.
Times, Sunday Times (2016)
Brazil and other emerging economies have already expressed concerns over competitive currency devaluation.
Times, Sunday Times (2010)
The devaluation of the yuan two weeks earlier made things worse.
Times, Sunday Times (2015)
We can see how a currency devaluation or depreciation reduces real wages in two ways.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Only with great difficulty is it resisting a currency devaluation.
Times, Sunday Times (2009)
We see that the effect of a dollar devaluation is to reduce imports and sales and raise prices.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
Yet it would be much easier to make structural reforms if the option of currency devaluation still existed.
Times, Sunday Times (2014)
The huge devaluation of the dollar against gold has revived interest in the possible use of gold in the modern system.
Times, Sunday Times (2010)
It also blamed currency devaluation in Venezuela.
Times, Sunday Times (2013)
If and when it happens, policymakers will need to acknowledge that currency devaluation is not enough.
Times, Sunday Times (2012)
Their only option is internal devaluation: austerity measures to reduce costs.
Times, Sunday Times (2011)
A dollar devaluation will increase the dollar value of this payable.
Maurice D. Levi International Finance: The markets and financial management of multinational business. (1983)
The premise of the bailout programmes was that a tightening of fiscal policy and a big internal devaluation would be offset by stronger export performance.
Times, Sunday Times (2016)
Investors piled in where they could to the 15 listed companies to protect themselves against the threat of currency devaluation and inflation.
Times, Sunday Times (2014)
It will for some, but only at the expense of others who will suffer from devaluation of their currency leading to massive inflation.
Times, Sunday Times (2008)
The UK has had the biggest devaluation in its history.
Times, Sunday Times (2009)
In such situations it is impossible to cut wages drastically enough to make a difference, so the country can become competitive only through devaluation.
Times, Sunday Times (2011)
There is a further, and often overlooked, reason for avoiding a big devaluation.
Times, Sunday Times (2015)
This would entail currency devaluation, debt default, a banking crash and rampant inflation.
Times, Sunday Times (2011)
One is internal devaluation - cutting costs, especially wage costs.
Times, Sunday Times (2013)
As it is, Greece has had no option but a crushing internal devaluation.
Times, Sunday Times (2014)
After the panic triggered by last year's surprise currency devaluation, western policymakers shook their heads knowingly.
Times, Sunday Times (2016)
But, that's also because the internal devaluation that the single currency requires is so politically toxic.
Times, Sunday Times (2015)
Britain is being helped by the 20 per cent devaluation of the pound, which has made its manufacturers more competitive overseas.
Times, Sunday Times (2011)
In other languages
devaluation
British English: devaluation /diːˌvæljuːˈeɪʃən/ NOUN
Devaluation is an official reduction in the value of a currency.