To devalue currency, the central
bank will purchase remote currency denonminayed securities
expanding supply if residential currency.
This will prompt currency
devaluation however as Central bank has expanded supply of local
currency, in this way, it needs to decrease currency gracefully
inside the economy to keep te fiscal base unaltered.
For this central bank can utilize
open market deals which is offer of government protections
prompting decline in financial base which balances the expansion in
currency related base because of remote trade mediation for
devaluation of the currency.