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Why does a country devalue its currency 2024?

Lucas Rogers | 2023-04-24 17:06:06 | page views：1888
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Zoe Walker

Studied at the University of Tokyo, Lives in Tokyo, Japan.
Currency devaluations can be used by countries to achieve economic policy. Having a weaker currency relative to the rest of the world can help boost exports, shrink trade deficits and reduce the cost of interest payments on its outstanding government debts.
2023-04-25 17:06:06
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Felix Turner

QuesHub.com delivers expert answers and knowledge to you.
Currency devaluations can be used by countries to achieve economic policy. Having a weaker currency relative to the rest of the world can help boost exports, shrink trade deficits and reduce the cost of interest payments on its outstanding government debts.
3 Reasons Why Countries Devalue Their Currency | Investopedia
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