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  • Why does a country devalue its currency 2024?

    Currency currency Currency

    Questioner:Harper Gonzales 2023-04-24 17:06:06
The most authoritative answer in 2024
  • Noah Campbell——Works at Google, Lives in Mountain View. Holds a degree in Electrical Engineering from Stanford University.

    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.read more >>
    +119962023-05-03 17:06:06

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