The conversation between human and AI assistant.
What is the difference between depreciation and devaluation of a currency?
Why would a government want to devalue its currency?
There are a few reasons why a government might want to devalue its currency. It can make the country's exports cheaper and more competitive on the international market, which can stimulate economic growth. It can also make it easier for the government to pay off foreign debts, as the value of the debt decreases along with the value of the currency.