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Tag: devaluation

WHAT DOES THE DEVELOPMENT SAMPLES HAVE?

WHAT DOES THE DEVELOPMENT SAMPLES HAVE?   For example; Egypt had serious pressure on the exchange rate due to the fall of the US dollar to the black market. The rise of the black stock market had serious consequences for Egypt’s domestic production and investments. For this reason, Egypt devalued its currency by 14% against […]

What is devaluation?

What is devaluation?     Devaluation is a monetary policy tool used by countries that implement a fixed exchange rate regime or a semi-fixed exchange rate regime. Devaluation is the reduction of the value of an official currency of an country against other country currencies or against a group of currency values, or at a […]

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