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“Humility doesn’t consist in devaluating oneself but rather in that healthy realism that makes us recognize our potential and also our misery,” Francis said.

Discussions about devaluating the Iraqi dinar, which has been pegged to the dollar for decades, have been going on for weeks as the government worked to finalized the 2021 budget.

"Any attempt to assign a monetary value to the human body," it says, risks "devaluating the very human life we seek to save".

China "will never go down the path of stimulating exports by devaluating its currency", Premier Li Keqiang said last week.

And the bank’s policy of devaluating the currency, the gourde, has in the eyes of many only made the situation worse because Haiti relies heavily on imports.