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What is Difference between devaluation and depreciation of domestic currency?
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What is Difference between devaluation and depreciation of domestic cu...
Depreciation occurs when the forces of supply and demand cause the value of their currency to drop. By contrast, devaluation occurs only in countries that do not allow their exchange rates to float. These countries' governments control the official value of their currency.
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What is Difference between devaluation and depreciation of domestic currency?
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What is Difference between devaluation and depreciation of domestic currency? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is Difference between devaluation and depreciation of domestic currency? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is Difference between devaluation and depreciation of domestic currency?.
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