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What is the major aim of devaluation?

Answers were Sorted based on User's Feedback



What is the major aim of devaluation?..

Answer / guest

To increase export

Is This Answer Correct ?    24 Yes 2 No

What is the major aim of devaluation?..

Answer / mythily

To encourage exports

Is This Answer Correct ?    24 Yes 7 No

What is the major aim of devaluation?..

Answer / hitesh malhotra

the major aim of devaluation to increase the foreigen
exchange basket , in 1991 when our foreigen exchange
reserves dip low the manmohan singh govt resotred to
devaluation of indian rupee in two parts.

Is This Answer Correct ?    18 Yes 4 No

What is the major aim of devaluation?..

Answer / karan kumar

devaluation is a deliberate reduction of currency in terms
of gold and foreign currency by goverment. the basic
objective behind this is to create employement and encourage
exports.

Is This Answer Correct ?    12 Yes 1 No

What is the major aim of devaluation?..

Answer / sushmita

to boost the export and led to increase in foreign exchange

Is This Answer Correct ?    6 Yes 0 No

What is the major aim of devaluation?..

Answer / kilatu jw

To discourage importation, incourage exportation and
increase foreign reserve for the country.

Is This Answer Correct ?    5 Yes 2 No

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