@Caffeinity By devaluation, you essentially reducing the purchasing power of the currency. Imagine a pie that equally divided into four parts. Now each part is 1/4th of the pie. Now if you slice it twice in such a manner that each part is 1/8th, obviously the piece remains one, but its 'value' decreases. If you had promised someone to give '02 'slices of your pie, you would obviously prefer to divide it into 8 slices than 4 to give them a lesser share.Similarly, if a govt has borrowed let's say 100000 INR, they can devalue the currency to their advantage. If each USD was worth 50 rupees earlier (assume), now if rupee is devalued such that 1 USD = 100 rupees. Then, when the govt repays the fixed debt, what was effectively worth 2000 USD now is worth 1000 only. Hence, burden reduced.
Doesn't this work only if the debt is rupee denominated?
i may be wrong but how can one power came under 2 jurisdictions ???
Because those jurisdictions aren't mutually exclusive. Original jurisdiction just means that you can directly file a petition in the high courts
https://indianexpress.com/article/explained/explained-the-caracal-a-favourite-of-royals-now-critically-endangered-7206724/
Does NBWL maintain a separate list of critically endangered species? This one is of least concern acc. to IUCN