as in to reduce
to diminish the price or value of
plans to devaluate the peso
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Recent Examples of devaluate
The move is likely to further devaluate Iran’s currency, create a liquidity crunch and be viewed in Tehran as a significant escalation, said Esfandyar Batmanghelidj, founder of Bourse & Bazaar, a think tank focused on Iran’s economy.
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John Hudson, Anchorage Daily News, 8 Oct. 2020
The country's currency, the Real, was devaluated by 10% and the national stock market, Bovespa, temporarily halted trading when the implications against Temer were made public.
—Flora Charner, CNN, 28 May 2017
John Hudson, Anchorage Daily News, 8 Oct. 2020
The country's currency, the Real, was devaluated by 10% and the national stock market, Bovespa, temporarily halted trading when the implications against Temer were made public.
—Flora Charner, CNN, 28 May 2017
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“Devaluate.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/devaluate. Accessed 21 Nov. 2024.
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