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Devaluation
/diːvˌæljuːˈeɪʃən/
/ˌdivæɫjuˈeɪʃən/, /dɪˌvæɫjuˈeɪʃən/Devaluation
01
the reduction of something's value or worth
02
an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries
Example
The hedge fund went short on the currency, predicting a devaluation.
