A decrease in the governmentally defined value of currenc... — Answer & Explanation | PrepBeePakistan

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HomeMCQsAgriculture

MEDIUMENGLISHAgriculture

A decrease in the governmentally defined value of currency ____________________?

Correct answer: B

Explanation

Devaluation specifically refers to a decrease in the official or governmentally defined value of a currency.

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