Economy, asked by successtsheamo, 1 month ago

Impacts of adevaluation it the rand on the economy​

Answers

Answered by Anonymous
2

Explanation:

A devaluation means there is a fall in the value of a currency. The main effects are: Exports are cheaper to foreign customers. ... In the short-term, a devaluation tends to cause inflation, higher growth and increased demand for exports.

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