devaluation
/ˌdiːvæljuˈeɪʃn/noun
उच्चारण डीवैल्युएशन
अवमूल्यन
Advanced word
noun
- 1
[U, C] economics
a deliberate reduction in the official value of a country's currency compared with other currencies, made by its government
अवमूल्यन
- India carried out a major devaluation of the rupee in 1991.
- Devaluation makes exports cheaper but imports more expensive.
Opposite revaluation
- 2
[U]
the act of making a person or thing seem less important or valuable
महत्व घटाना, अवमूल्यन
- the devaluation of teachers' work
◇Word family
devalue verb
≈Synonyms and antonyms
Antonyms
?Which word?
Do not confuse devaluation (a decision by the government or central bank to lower the value of the currency) and depreciation (a fall in its value caused by market forces).
Devaluation (सरकार या केंद्रीय बैंक द्वारा मुद्रा का मूल्य जान-बूझकर घटाना) और depreciation (बाज़ार की शक्तियों के कारण मुद्रा के मूल्य में गिरावट) में भ्रमित न हों।