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Difference between depreciation and de valuation

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Difference between depreciation and de valuation

Posted by Sanskriti Singh 6 years, 5 months ago

CBSE > Class 12 > Economics

1 answers

Riya Agarwal 6 years, 5 months ago

Depreciation of currency is in reference with value of other foreign currency. It is decrease in value due to free market forces of supply and demand while devaluation of currency is done by govt in some specific circumstances.

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