0
The definition of devaluation of Indian currency is the loss of the value of the currency. This is a an adjustment of the country's currency value downwards compared to other major currencies in the world.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Drop in value of a currency pegged to gold or another currency?
Devaluation
Devaluation of currency leads to?
the stoppage of consumer
What holds value in a currency devaluation?
Premium Bonds
What is a reduction of the value of a nation's currency relative to the currencies of other countries is called?
A Currency Devaluation
Differences between currency depreciation and apreciation?
Devaluation and depreciation are often interchangeable, although there is a subtle difference. Devaluation refers to changing the value of a currency in a fixed exchange rate, while depreciation is decreasing the value in a floating exchange rate.
Can you say devaluation of the society?
No. Devaluation is applied to an object which has a measurable value (such as currency). You could use the words decay, collapse or disintegration to refer to society.
What has the author Peter Holmes written?
Peter Holmes has written: 'Industrial pricing behaviour and devaluation' -- subject(s): Commerce, Devaluation of currency, Pricing
How does devaluation and the trade balance related?
Due to devaluation the balance of trade of a country improves in the long run. Balance of trade refers to import and export of merchandise goods of a country. Devaluation means decresing the external face value of domestic currency at international market compare with other countries currency.
Why is price elasticity of demand important when a country is considering devaluation of its currency?
because it is important
What is the definition of obstimistic?
Obstimistic means to devaluation a situation with positive thinking.
What is meaning of depreciation and devaluation and appreciation and revaluation?
depreciation is due to international economic pressure i.e the supply and demand of a currrency whilst devaluation is done by the government of a certain country , when it decides to set its currency or give its currency a certain value against others.
What is the Outcome of devaluation of currency?
Devaluation makes ac country's exports relatively less expensive for foreigners and secondly it makes foreign products relatively more expensive for domestic consumers,discouraging imports. As a result, this may help to reduce a country's trade deficit.
