Answers

2015-01-29T19:17:55+05:30
Devaluation of currency means lowering the  value of countrys currency.
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2015-01-29T19:38:37+05:30
Devaluationmeans official lowering of the value of a country'scurrency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency.Devaluationmeans official lowering of the value of a country'scurrency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency.
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