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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (448)	8/24/1998 8:40:00 PM
From: Jags	Read Replies (1) of 3536

Why would a country want to devalue its currency? One reason I can think of is to increase exports and use it as a means to "export" the country out of the BOP/current-account crunch. What other ways do you flks see? Why would the IMF insist on a country devaluing its currency? Jags

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