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From: MDBG CC-CEDICT Chinese-English Dictionary 漢英字典

 貨幣貶值 [ㄏㄨㄛˋ ㄅㄧˋ ㄅㄧㄢˇ ㄓˊ; huo4 bi4 bian3 zhi2]
 currency devaluation
 to devaluate a currency