Foreign currency depreciation is a result of economic depression in the country concerned.

外汇贬值是有关国家经济不景气的结果。

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Dollar bears argue that more currency depreciation is needed.

疲软美元的鼓吹者认为，有必要进行更大幅度的货币贬值。

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It is nonetheless a process that takes time, much more time than a currency depreciation.

BBC: Eurozone: A very overcast outlook

The currency war appears to be escalating with even greater currency depreciation, trade restriction, and capital controls.

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Other things being equal, currency depreciation puts some upward pressure on inflation, as imports become more expensive.

ECONOMIST: Stalemate | The