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Currency Devaluation:Devaluation of Currency Economic&Social Consequences

Currency Devaluation:Devaluation of Currency Economic&Social Consequences

January 30, 2026 Category: Blog

A sharp devaluation of a nation's currency can trigger a cascade of economic&social consequences. Initially, it might enhance exports by making products cheaper for foreign buyers, potentially strengthening the tradebalance. However, this advantage is often offset by increased price levels, as imported goods become more costly. Moreover, the impact

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