The government decided to devalue the currency to boost exports.
政府决定让货币贬值以促进出口。
The devaluation of the pound made British goods more affordable abroad.
英镑贬值使得英国商品在国外更具价格竞争力。
The company's stock price suffered a sharp devaluation after the financial scandal.
在财务丑闻后，该公司股价大幅贬值。
The country's economy was hit by a series of
devaluations over the past decade.
过去十年中，该国经济受到一系列货币贬值的影响。
The devaluation of the yuan has raised concerns about a trade war.
人民币贬值引发了对贸易战的担忧。
The government denied that it was planning to devalue the currency.
政府否认了计划让货币贬值的说法。
The devaluation of the national currency led to an increase in inflation.
国家货币贬值导致了通货膨胀的上升。
The devaluation was seen as a necessary step to correct economic imbalances.
货币贬值被视为纠正经济不平衡的必要举措。
Investors feared further devaluation of the currency, leading to capital flight.
投资者担心货币进一步贬值，从而引发资本外逃。
The devaluation caused the value of savings to decline significantly.
货币贬值导致储蓄的价值显著下降。
However, business environment remains tough because of the ongoing political instability, currency volatility and devaluation in the region, rising oil prices, and downward pressure on margins from relentless competition, said the leader of the airline giant.
Due to extreme weather such as high temperatures, torrential rains and typhoons in South Korea, the average price of cabbage has surged to nearly 10,000 South Korean won ($7.2) per head, as a result of devaluation of the local currency and other reasons, the country's Yonhap News Agency reported.
While Wang estimated that the renminbi will hover around 7.3 against the US dollar at the beginning of 2024, China's central bank will not resort to the devaluation of RMB to boost export or economic growth.
Between the devaluation of the yuan and the "China-focused" monetary policy, the policy choice is already clear as the central bank required financial institutions to lift RRRs for foreign currency deposits in December.
In the first two months of this year, the expectation of appreciation and devaluation appeared alternately, and in March it turned to a depreciation direction.
Under these influences, the debt and refinancing risks in some emerging economies have increased, with an increase in currency devaluation pressures and fluctuations in some financial markets.
China has noticed this so-called renminbi devaluation probes to its countervailing cases.
The cycle of boom and bust will eventually result in high inflation and high real interest rates in the US, possibly with a collapse of US government deficit financing and a devaluation of the dollar.
The yuan was rendered weaker by a strong dollar, thus its devaluation was a passive one, the paper said.
Noting that the department assessed developments over the last few months with China and its currency practices, Treasury Secretary Steven Mnuchin said that "China has made enforceable commitments to refrain from competitive devaluation, while promoting transparency and accountability".