Devaluation of currency stands for _____ – McqOptions

MCQOPTIONS

1.	Devaluation of currency stands for _____
A.	increase in the value of domestic currencyin terms of foreign currency
B.	decrease in the value of domesticcurrency in terms of foreign currency
C.	keeping value of domestic currency asconstant in terms of foreign currency
D.	none of these
Answer» C. keeping value of domestic currency asconstant in terms of foreign currency

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