Whats the difference between devaluation and depreciation?
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Re: Whats the difference between devaluation and depreciation?Well I think devaluation is when the government or central bank activel steps in to devalue the currency. This only works for a fixed exchange rate. A depreciation is when the currency is on a floating exchange rate and it falls due to supply/demand. I think.(Original post by hotfreezer)
as the title says
