What is a depreciation to one country must be an appreciation to the other.

Name: What is a depreciation to one country must be an appreciation to the other.
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Depreciation refers to the loss in value of one currency relative to another, but it does not necessarily mean that the other currency appreciates relative to all others. Currency values are relative and can be influenced by multiple factors simultaneously, affecting different pairs in various ways.

What Is a Depreciation to One Country Must Be an Appreciation