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Currency Devaluation:Devaluation of Currency Economic&Social Consequences

Currency Devaluation:Devaluation of Currency Economic&Social Consequences

January 30, 2026 Category: Blog

A substantial weakening of a nation's exchange rate can trigger a cascade of economic&social consequences. Initially, it might stimulate exports by making goods cheaper for foreign buyers, potentially strengthening the tradebalance. However, this benefit is often offset by escalating inflation, as imported goods become more pricier. Furthermore, th

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