Devaluation

外汇网2021-06-19 13:40:32 38

英文名称：Devaluation 中文名称：贬值

指单位货币价值降低，一单位本国货币兑换外国货币的能力下滑。与之对应的是增值（appciation）。

e.g. Meanwhile, the devaluation of the U.S. dollar and soaring oil prices would increase further global inflationary pssures.

A deliberate downward adjustment to a country's official exchange rate relative to other currencies. In a fixed exchange rate regime, only a decision by a country's government (i.e central bank) can alter the official value of the currency. Contrast to "revaluation".

There are two implications for a currency devaluation. First, devaluation makes a country's exports relatively less expensive for foreigners and second, it makes foreign products relatively more expensive for domestic consumers, discouraging imports. As a result, this may help to reduce a country's trade deficit.

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