Economics A Level: How can the
1. Devaluation
2. Revaluation
Occur when it's a Fixed Exchange Rate?

Question

How can the 
1. Devaluation 
2. Revaluation
Occur when it's a Fixed Exchange Rate?

go kys · Accepted Answer

1. Devaluation occurs when the Exchange Rate is Lowered, usually by the Government. They do this by selling the Currency
2. When Government wants the Exchange Rate to go up, the Government will Buy the Currency

Economics A Level

How can the 1. Devaluation 2. Revaluation Occur when it's a Fixed Exchange Rate?

1. Devaluation occurs when the Exchange Rate is Lowered, usually by the Government. They do this by selling the Currency 2. When Government wants the Exchange Rate to go up, the Government will Buy the Currency

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