CUET EconomicsMacro > EasyDepreciation of domestic currencyAppreciation of domestic currencyDevaluation of domestic currencyRevaluation of domestic currency✅ Correct Option: 2Related questions:28 May Shift 1Trade deficits occur when22 May Shift 2Identify the exchange rate system in which central bank of a country intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.3 June Shift 2A banking service provided by a country is accounted in the element of the balance of payment.