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basis point a unit equal to one hundredth of one percent, used in economics and finance to measure exchange rates, interest rates, and the like.
devaluate to set a lower value or exchange rate on (currency). [1/2 definitions]
exchange the price of one currency in terms of another, yielding a ratio at which money of one country can be exchanged for money of another country; exchange rate. [1/7 definitions]
rate of exchange see "exchange rate."