Raising the value of country's currency under fixed exchange rate system is : Option 1: Devaluation Option 2: Appreciation Option 3: Revaluation Option 4: Depreciation

The answer is 'Revaluation'. View full solution:

CUET Economics - Raising the value of country's currency under fixed exchange rate system is : | PYQs + Solutions

CUET Economics

Macro

Easy

Devaluation

Appreciation

Revaluation

Depreciation

✅ Correct Option: 3

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