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Lesson 4: Using Exchange Rates: Devaluation, Revaluation and Exports
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Using Exchange Rates: Devaluation, Revaluation and Exports
Lesson 4 · Using Exchange Rates: Devaluation, Revaluation and Exports
Using Exchange Rates: Devaluation, Revaluation and Exports
Mathematics
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8 min
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Question 1 of 14
1
When the Nepali rupee is devalued, what happens to the exchange rate of a foreign currency?
The rate goes down
The rate goes up
The rate stays the same
The rate becomes half