What may be some consequences if a person is in a foreign country and his or her home currency depreciates against the currency of the country the person is visiting?

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asked Sep 13, 2021 206k views

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Luis Ferrao · Answer 1 · 2021-09-18T21:23:41+0000

Answer:

Step-by-step explanation:

Cuando se produce una devaluación monetaria, los principales efectos negativos son: Aumento de la inflación. Erosión de los ahorros en moneda local y pérdida de salario real. Licuación de la deuda por parte de empresas que fijaron el contrato en moneda local.

What may be some consequences if a person is in a foreign country and his or her home currency depreciates against the currency of the country the person is visiting?

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