Devaluation of TAKA is likely to increase ----
Devaluation of TAKA is likely to increase ---- Correct Answer Export
Devaluation of Taka is likely to increase Export. A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports. A country may devaluate its currency to combat trade imbalances. Devaluation causes a country’s exports to become less expensive, making them more competitive in the global market.