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. Devaluation of currency leads to

(1) Fall in domestic prices

(2) No effect in domestic prices

(3) Increase in domestic prices

(4) Any of the above

Answer Posted / reddy

Devaluation of currency mainly to increase the exports of a country. When export's are increased availability of the products domestically decreases.thus demand for the products manufactured in the country and imported costs increases so domestic price increases

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