effectively devalue
Frequency: 7.08.5 per million words
Indicates that the devaluation had a significant or actual effect.
Categories:
Examples (10)
- The Cambodian currency was effectively devalued by 25%.
- The government's decision effectively devalued the national currency to boost exports.
- Rapid inflation has effectively devalued the savings of millions of citizens.
- Analysts predict that this new policy will effectively devalue the pound.
- His constant criticism effectively devalued all her hard work and achievements.
- By printing more money, the central bank is effectively devaluing its own currency.
- The sudden market crash effectively devalued their entire stock portfolio overnight.
- If the trade deal fails, it could effectively devalue the country's main exports.
- The influx of cheap imports effectively devalued local products, harming domestic industries.
- The scandal effectively devalued the company's reputation in the eyes of the public.