Join TSR now and get all your revision questions answeredSign up now

Whats the difference between devaluation and depreciation? Watch

    • Thread Starter
    Offline

    0
    ReputationRep:
    as the title says
    Offline

    0
    ReputationRep:
    (Original post by hotfreezer)
    as the title says
    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.
    • Thread Starter
    Offline

    0
    ReputationRep:
    ah yes, that makes sense. thanks
 
 
 
Poll
Is GoT overrated?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.