devaluation Synonyms
Strongest:
- improvement
- growth
- progression
- expansion
- progress
- elaboration
- development
- development
- progress
- improvement
- growth
- elaboration
- evolution
- expansion
- evolution
- progression
Strong:
- perfection
- advancement
- refinement
- maturation
- betterment
- perfection
- betterment
- advancement
- refinement
- maturation
Weak:
devaluation Meaning
devaluation (n)
an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
the reduction of something's value or worth
devaluation Sentence Examples
- The government's announcement of the devaluation of the currency sent shockwaves through the economy.
- Devaluation can make a country's exports more competitive in international markets.
- Many economists argue that sudden devaluation can lead to inflationary pressures.
- The central bank intervened to prevent the further devaluation of the national currency.
- Importers faced increased costs due to the devaluation of the exchange rate.
- Devaluation is often used as a strategy to address trade imbalances.
- Citizens felt the effects of devaluation as the purchasing power of their currency decreased.
- The devaluation of the currency had a profound impact on the country's balance of payments.
- International investors closely monitor signs of currency devaluation in emerging markets.
- The government implemented a series of measures to stabilize the economy following the devaluation.
FAQs About the word devaluation
an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries, the reduction of something's
weakening, downgrade, degeneration, degeneracy,degradation, downfall, decay, falling, decadence, deterioration
improvement, growth, progression, expansion, progress, elaboration,development, development, progress, improvement
The government's announcement of the devaluation of the currency sent shockwaves through the economy.
Devaluation can make a country's exports more competitive in international markets.
Many economists argue that sudden devaluation can lead to inflationary pressures.
The central bank intervened to prevent the further devaluation of the national currency.
