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DEVALUATION - The definitive pronunciation guide for Devaluation in 2023

Devaluation is a term used in economics to describe a decrease in the value of a country's currency relative to other currencies.
It is typically done in a deliberate and controlled manner by a country's central bank or government.
Devaluation can be caused by various factors such as economic crises, inflation, balance of trade issues, or government policies.
When a currency is devalued, it means that it becomes worth less compared to other currencies, resulting in a decline in its purchasing power and an increase in the prices of imported goods.
Devaluation can have both positive and negative effects on a country's economy, depending on the specific circumstances and the goals of the devaluation.

Pronunciation:
To pronounce 'devaluation', you can say dee-val-yoo-ey-shun.
Another variant is dee-val-yoo-ay-shun.

Test yourself by speaking the following examples:
1. The devaluation of the country's currency has made imported goods more expensive
2. The government decided to devalue the currency in order to boost exports
3. The devaluation of the currency led to a decrease in foreign investment

Last updated: September, 2023