What is Currency Devaluation?

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Currency Devaluation is a deliberate, official action by a country's central bank or government to lower the fixed exchange rate of its national currency relative to a foreign currency, gold, or a currency basket, primarily used as a monetary policy tool to boost export competitiveness and correct trade imbalances.

Currency Devaluation

What is Currency Devaluation?

What are the primary causes and mechanisms of intentional currency devaluation?

How does currency devaluation impact a country's trade balance and domestic economy?

What is the difference between currency devaluation and currency depreciation in the foreign exchange market?

What are some notable historical examples of currency devaluation and their long-term economic consequences?

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