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devaluation Definition

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devaluation
noun(de-val-u-a-tion)
an official reduction in the exchange value of a currency by a lowering of its gold equivalency or its value relative to another currency
devaluation
noun(de-val-u-a-tion)
a lessening especially of status or stature : decline
devaluation
adjective(de-val-u-a-tion)
of or relating to a time before a currency devaluation

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