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:When the international value of a country's currency…Commonwealth nations are represented in other member…The value at which one country obtains another…When the demand for foreign exchange exceeds its…A benefit which a country seeks to achieve in her…