A devaluation that is designed to cheapen a nation's currency and thereby increase its exports at the expense of other countries. Devaluation can also reduce a nation's imports. Such devaluations often lead to trade wars.
BEGGAR-THY-NEIGHBOR DEVALUATION
Meaning of BEGGAR-THY-NEIGHBOR DEVALUATION in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012