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Currency Devaluation

Currency devaluation is the process of reducing the value of a country's currency relative to other currencies. Currency devaluation may be carried out by central banks or other financial authorities, and may be used as a tool to promote exports, stimulate economic growth, or address imbalances in the balance of payments. Continue Reading Below  

About Currency Devaluation

Currency devaluation is the process of reducing the value of a country's currency relative to other currencies. Currency devaluation may be carried out by central banks or other financial authorities, and may be used as a tool to promote exports, stimulate economic growth, or address imbalances in the balance of payments.