General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 69)
69.
Devaluation of currency leads to
Discussion:
12 comments Page 2 of 2.
Praveen said:
5 years ago
I thought devaluation of currency majorly affect import expensive and some domestic goods would expensive but there is no impact on domestic goods.
Rosy said:
3 years ago
The devaluation of a currency boosts exports, it stimulates businesses to supply more goods to foreign countries than to the domestic market, the low supply and high demand for the goods ultimately push the price up.
(1)
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers