devaluation

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noun

official reduction of a currency's fixed exchange value

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

Examples

Ang biglaang devaluation ay nagtaas ng gastos sa imported fuel overnight.
A sudden devaluation raised the cost of imported fuel overnight.
Itinanggi ng central bank ang plano ng devaluation matapos ang tsismis.
The central bank denied plans for devaluation after the rumor.
Ipinapakita ng kasaysayan na ang devaluation ay maaaring mag-boost ng export pero magpasiklab ng inflation.
History shows devaluation can boost exports but stoke inflation.

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