12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    Which of the following can be accounted for the cause of devaluation of currency in a country?

    A) Increase in the domestic inflation rate

    B) Domestic real interest rates are less than foreign interest rates

    C) Much increase in the income

    D) All of the above

    Correct Answer: D

    Solution :

    All of the above


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