Which of these is the intentional lowering of a currency's value by the nation's government?

Question

Quizplus · Accepted Answer

Devaluation is the intentional lowering of a currency's value by a nation's government as an economic strategy to boost exports and reduce imports. This is achieved by reducing the exchange rate of the currency to make exports cheaper and more attractive to foreign buyers while increasing the cost of imports for domestic buyers. Revaluation, on the other hand, is the opposite of devaluation, involving the intentional raising of a currency's value by a nation's government, thereby increasing the cost of exports and reducing the cost of imports. Forward swap and currency swap are financial instruments used in international trade to hedge against currency exchange rate risk, but they are not related to intentional government actions to control currency values.

Which of These Is the Intentional Lowering of a Currency's