A currency crisis occurs when a country can no longer support
the price of its currency in foreign-exchange markets under a
fixed-exchange-rate system.
A currency crisis occurs when a country can no longer support
the price of its currency in foreign-exchange markets under a
fixed-exchange-rate system.
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One alternative to a currency crisis or to continuing to try to
support a fixed exchange rate is to devalue unilaterally.
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Yes. Both refers to the same.
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Gujjula Yallamanda Reddy has written:
'Devaluations and general crisis of capitalism' -- subject(s):
Devaluation of currency
'General crisis of capitalism and devaluations, inflation,
monetary crisis' -- subject(s): Devaluation of currency,
International finance
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No, because too much currency would lower its value and increase
inflation more