The reduction in the value of a country’s currency of other nations is known as? by Sunday | Aug 1 | Economics WAEC | 0 comments A. deflation B. devaluation C. inflation D. revaluation Correct Answer: Option B – devaluation Users Also Read These:The reduction in the value of a country’s currency…In international trade; exchanging goods for other…Which of the following measure can be adopted to…The reduction in the value of a country's currency…When the demand for foreign exchange exceeds its…