CEFR C1

depreciating currency

noun phrase

Meaning

A situation where a nation's money loses value in relation to other currencies, making imports more costly and exports cheaper for foreign buyers.

Examples

  • The government is trying to stabilize the economy and stop the depreciating currency.
  • Investors are worried about the long-term effects of a constantly depreciating currency on their savings.

Synonyms: devaluing currency, weakening currency, falling currency, inflated currency