Economy, asked by Aaravkumar2599, 1 year ago

Appreciation n deprecoation effects on imports n exports of currencies in india

Answers

Answered by mauryapriya221
0

Answer:

Lowering of the value of a currency of a country tends to raise its exports by making its goods cheaper for foreigners. On the other hand, devaluation or depreciation makes the imports from abroad expensive in terms of domestic currency (rupees in case of India) and therefore the imports tend to fall.

Plz mark as brainliest answer

Similar questions