depreciate

A recent report from Moody’s Analytics said that if a victorious Trump enacted new tariffs, the Mexican economy would fall into recession, the currency would depreciate, and inflation would rise.

“Under the worst-case scenario, the Mexican economy will fall into recession, the currency will depreciate, and inflation will rise,” reads a report released this month by the economic research firm Moody’s Analytics.

Parkdean’s website states that “buying a holiday home isn't considered a financial investment, as holiday homes depreciate in value with age”.

Meanwhile the naira, Nigeria’s currency, has depreciated by more than 400% against the US dollar, further worsening the economic hardships.

Filed on Jan. 6, the lawsuit claims that Veolia’s failure to address pollution at the beach depreciated the value of residents’ properties and prevented them from enjoying the ocean.