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What is the Difference between the …

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What is the Difference between the depreciation and devaluation

    • Posted by Tanvir Ahmed Khan 4 years, 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sia ? 4 years, 6 months ago

    • A devaluation occurs when a country makes a conscious decision to lower its exchange rate in a fixed or semi-fixed exchange rate.
    • A depreciation is when there is a fall in the value of a currency in a floating exchange rate.

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