The reduction in the value of a country’s currency of other nations is known as? By: Sunday|Published on: Aug 1|Categories: Economics WAEC| 0 comments A. deflation B. devaluation C. inflation D. revaluation Correct Answer: Option B – devaluation Users Also Read These:A representative of one country in another within…When the international value of a country's currency…The reduction in the value of a country's currency…When a member's currency is declared "scarce", it is…A fall in the value of a country's currency…SEE ALSO The West African house was established to?