Devaluation of TAKA is likely to increase ----
Created: 6 years ago |
Updated: 3 years ago
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Devaluation of Taka is likely to increase Export. A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports. A country may devaluate its currency to combat trade imbalances. Devaluation causes a country’s exports to become less expensive, making them more competitive in the global market.
Md Azizur Rahman
Founder of Satt
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