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What is devaluation?
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Devaluation is the artificial lowering of the value of a domestic currency to its foreign equivalent or gold. The end result is an increase in the exchange rate. An increase in inflation and a reduction in the deficit in the balance of payments are also expected.
Devaluation is the artificial lowering of the value of a domestic currency to its foreign equivalent or gold. The end result is an increase in the exchange rate. An increase in inflation and a reduction in the deficit in the balance of payments are also expected.
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Devaluation is the process of lowering the value of money compared to other currencies or to goods and services. It can be caused by many factors, such as excessive printing of money by the government, a decrease in investor interest in a particular currency, or changes in trade relationships.
Devaluation is the process of lowering the value of money compared to other currencies or to goods and services. It can be caused by many factors, such as excessive printing of money by the government, a decrease in investor interest in a particular currency, or changes in trade relationships.
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