Plan for currency volatility

Imagine you are advising a government and a group of companies navigating a prolonged currency decline. Analyze how a weaker currency affects exporters, importers, households, debt burdens, tourism, energy costs, wages, bankruptcies, and asset prices. Compare possible responses such as intervention, rate policy, cost-cutting, pricing changes, hedging, reshoring, and investment abroad. Then develop a decision framework for identifying the point at which a currency move shifts from helpful competitiveness to damaging instability, and explain what kinds of firms and households need protection first.