A decrease in demand for a currency relative to other currencies will cause it to depreciate in value.

Name: A decrease in demand for a currency relative to other currencies will cause it to depreciate in value.
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Quizplus · Accepted Answer

If there is less demand for a currency, there will be more supply of it in the market. As a result, the value of the currency will decrease relative to other currencies, causing it to depreciate.

A Decrease in Demand for a Currency Relative to Other