Devaluation occurs when currency value decreases relative to fixed foreign currency. Revaluation happens when currency value increases relative to fixed foreign currency. Both apply only under fixed exchange rate regimes
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Revaluation happens when currency value increases relative to fixed foreign currency. Both apply only under fixed exchange rate regimes","detailed":{"text":"Devaluation occurs when currency value decreases relative to fixed foreign currency. Revaluation happens when currency value increases relative to fixed foreign currency. 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