What do you mean by deval?

Answer 1

"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.

Answer 2

"Deval" typically refers to devaluation, which is the reduction in the value of a currency relative to others. This can occur due to various factors, including changes in economic conditions, inflation, or government policy. Devaluation can impact international trade, making exports cheaper and imports more expensive, thereby influencing a country's economy.