TopicExchange rates & FX
평가절하
pyeongga jeolha · /pʰjʌŋ.ɡa.d͡ʑʌl.ɦa/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
갑작스러운 평가절하로 수입 연료 비용이 하룻밤 새 올랐어요.
A sudden devaluation raised the cost of imported fuel overnight.
중앙은행은 소문 뒤 평가절하 계획을 부인했습니다.
The central bank denied plans for devaluation after the rumor.
역사적으로 평가절하는 수출을 도울 수 있지만 인플레를 키우기도 합니다.
History shows devaluation can boost exports but stoke inflation.
In other languages
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