abwertung

Recordings stay in your browser and are never uploaded.

noun

official reduction of a currency's fixed exchange value

Used under pegs or managed regimes more than pure free floats.

Examples

Eine plötzliche Abwertung trieb die Kosten importierten Kraftstoffs über Nacht hoch.
A sudden devaluation raised the cost of imported fuel overnight.
Die Zentralbank bestritt nach dem Gerücht Pläne zur Abwertung.
The central bank denied plans for devaluation after the rumor.
Die Geschichte zeigt: Abwertung kann Exporte stützen, aber Inflation anheizen.
History shows devaluation can boost exports but stoke inflation.

No learner tips yet. Save this word with a short usage note — helpful notes may appear here after review.