“When currency devaluation happens what is a probable economic outcome?”

"Currency devaluation reduces a currency’s value leading to decreased purchasing power where former incomes buy less and expenditures may increase due to higher import costs. In social welfare this impacts vulnerable populations exacerbating poverty and necessitating targeted interventions. Understanding devaluation’s effects informs economic policies and welfare programs ensuring support for affected communities. By addressing rising costs and reduced incomes social welfare systems can mitigate hardship promoting financial stability and equitable resource distribution in economically challenging times."