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. Devaluation of currency leads to
(1) Fall in domestic prices
(2) No effect in domestic prices
(3) Increase in domestic prices
(4) Any of the above
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Answer Posted / reddy
Devaluation of currency mainly to increase the exports of a country. When export's are increased availability of the products domestically decreases.thus demand for the products manufactured in the country and imported costs increases so domestic price increases
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