Lowering country’s currency in terms of foreign currency by the government of any country is known as:
A. Revaluation
B. Devaluation
C. Demonetization
D. Monetization
Answer:B
Lowering country’s currency in terms of foreign currency by the government of any country is known as:
A. Revaluation B. Devaluation C. Demonetization D. Monetization