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As the local government, what would be the best option if your currency suddenly suffers a big depreciation? Doing nothing and letting market fluctuations and
As the local government, what would be the best option if your currency suddenly suffers a big depreciation? Doing nothing and letting market fluctuations and inflation correct the economy. Trying to stabilize the exchange rate by selling reserves in foreign currency. Restricting international transactions to prevent further fluctuations in the exchange rate. Banning all imports, so that local consumers are forced to buy only local products
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