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     EduGorilla 
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    Devaluation is a

    Options :-

    1. Reduction in the price of domestic currency in terms of all foreign currencies by the govt.
    2. Reduction in the price of foreign currency in terms of domestic currencies by the govt.
    3. Increase in the price of domestic currency in terms of all foreign currencies by the govt.
    4. Reduction in the price of domestic currency in the foreign exchange market by the govt.
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