The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________?

Civil Engineering Mcqs

The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________?

(A)  Currency appreciation

(B)  Currency depreciation

(C)  Currency devaluation

(D)  Currency float

Submitted By :Ali Uppal

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