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What is 'Devaluation'? - Economics

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प्रश्न

What is 'devaluation'?

उत्तर

Devaluation means a reduction in the price of domestic currency related to all foreign currencies in a fixed exchange rate system.

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2013-2014 (March) Delhi Set 3

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संबंधित प्रश्‍न

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What is the relationship between supply of foreign exchange and exchange rate?


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