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Differentiate between devaluation and depreciation of …

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Differentiate between devaluation and depreciation of rupee???
  • 2 answers

Prachi Ghadge 7 years, 1 month ago

Thanks @charu charuu i got the answer....

Charu Charuu 7 years, 1 month ago

There is a slight difference between them..in dep. Mrkt forces that is DD and SS cause the value of cutrency to drop..here ..there is no role of govt ..but in devalution ..it occurs only in country that do not allow their exchange rates to float ...govt officials value their currency
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