CBSE Class 11-commerce Answered
What is meant by devaluation of rupee?
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
Expert Answer
Devaluation of rupee means reduction in the currency’s exchange value which is determined by market force or planned economy. It enhances the countries’ balance of payments condition by encouraging exports and cuts the imports but it worsens the inflation for imported goods.
Answered by | 09 May, 2016, 11:53: AM
CBSE 11-commerce - Indian Economic Development
Asked by Sakshi06patni | 05 May, 2020, 08:32: PM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERTCBSE 11-commerce - Indian Economic Development
Asked by Topperlearning User | 09 May, 2016, 09:53: AM
ANSWERED BY EXPERT
