1. What Is Devaluation Of Money?
Answer : Devaluation means officially lowering the value of currency in terms of foreign currencies.
2. Difference between devaluation and exchange depreciation?
Answer : Devaluation is the result of official government action. Depreciation or decline in the rate of exchange of one currency in terms of another is due to market forces.
3. Devaluation restricts import demand for ?
Answer : Goods and services.