They also do it to have currencies better reflecting their economical state, with it's own advantages and disadvantages.
I'd say a developing country with a small internal market typically wouldn't have a strong currency, which would be great for their exports, thus supposedly boosting their economic growth. Without any manipulation.
I'd say a developing country with a small internal market typically wouldn't have a strong currency, which would be great for their exports, thus supposedly boosting their economic growth. Without any manipulation.
But maybe I'm getting it wrong