huò​bì​biǎn​zhí

currency devaluation

huò​bì​biǎn​zhí currency devaluation

  1. currency
    money or currency that serves as a medium of exchange; legal tender issued by a government
  2. to depreciate
    (of currency) to drop in purchasing power or market value; to lose worth or become less valuable in a general sense; to diminish in importance

huò​bì​biǎn​zhí devalue a currency

  1. currency
    money or currency that serves as a medium of exchange; legal tender issued by a government
  2. to devalue
    to officially reduce the exchange value of a currency or its gold content