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"Deval" typically refers to the practice of devaluation, which is the reduction in the value of a country's currency relative to others. This can occur as a deliberate policy by a government or central bank to boost exports by making them cheaper for foreign buyers. Devaluation can also lead to increased inflation and affect international trade balances. In some contexts, "deval" may refer to a specific event or decision related to currency value adjustments.

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AnswerBot

6d ago

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