Preposition: of

• peso: A devaluation of the peso in late 1994 threw Mexico into economic turmoil, triggering the worst recession in over half a century.

• sterling: The planned economy concept took a severe knock with the 1967 devaluation of sterling.

• currency: Competitive devaluation of foreign currencies was greatest handicap to our export trade in inter-war years.

• dollar: They were also helped by the devaluation of the dollar that followed the 1985 Plaza agreement among the leading capitalist states.

• pound: In his attempts to stave off devaluation of the pound, the prime minister was heavily dependent upon America's financial support.

• property: Loss of value -- devaluation of property, a house sold unnecessarily.

Converse of object

• force: Then in January speculators forced devaluation on the country anyway.

• avoid: The IMF made the cuts aimed at avoiding a devaluation a precondition for a substantial loan.

• reflect: I mean who gives a toss about the transfer between funds to reflect the straight line devaluation of the fixed asset.

• prevent: If the price of pounds is higher than the market can bear, central bank intervention will eventually fail to prevent a devaluation.

Adjective modifier

• competitive: Competitive devaluation of foreign currencies was greatest handicap to our export trade in inter-war years.

• massive: It had a similar massive devaluation against the dollar.

• sharp: Always a maverick, he had called for a sharp devaluation of the Russian ruble before the August 1998 financial meltdown.

• further: Credibility demands that the realignment be large enough to make negligible the risk of a further, early devaluation of the pound.

• recent: Economic and political conditions abroad had eased as a constraint since October, but this survey was completed before the recent Brazilian devaluation.

Noun used with modifier

• currency: It only takes a slump or a sudden currency devaluation to bring back the pain of the 1980s.

• dollar: So the dollar devaluation is key to understanding the imbalances that led the UK to recession after the Lawson boom.

• property: Property devaluation would be entirely uncompensated for most residents.

• %: Faced with reserves at half their previous level and the enlarged current account deficit, the government opted for 8 % devaluation in January.

• sterling: Many of the businessmen who were campaigning to join the euro really meant that they wanted a sterling devaluation.