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devalue /diˈvælju/  

  • verb
    -ues; -ued; -uing
    finance :to lower the value of a country's money so that it is worth less when it is traded with another country's money [+ obj]
    The government has decided to devalue its currency. [no obj]
    [+ obj] :to cause (something or someone) to seem or to be less valuable or important