The meaning of the word devaluation is - – McqOptions

MCQOPTIONS

1.	The meaning of the word devaluation is -
A.	Decreasing the value of the indigenous currency vis-a-vis other currency.
B.	increase the value of domestic currency
C.	Issuance of new currency in exchange for indigenous currency.
D.	none of the above
Answer» B. increase the value of domestic currency

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