A nation's government intentionally raising its currency's value is called ________.

Question

Quizplus · Accepted Answer

Revaluation is the intentional increase in value of a currency by a government or central bank. This is usually done to combat inflation or to attract foreign investment. Devaluation, on the other hand, is the deliberate decrease in value of a currency, usually done to make exports cheaper and more competitive in international markets. Forward swap and convertibility are not related to currency exchange rate policies.

A Nation's Government Intentionally Raising Its Currency's Value Is Called