Lakshya Narula
Latest posts by Lakshya Narula (see all)
- Currency devaluation: Visualized – May 23, 2017
- Japan’s Debt problem and how to solve it – May 13, 2017
Devaluation is an unconventional monetary policy tool by which the value of a country’s currency is officially lowered within a fixed exchange rate system, where the authority formally sets a new fixed rate with respect to a foreign reference currency. […]