If the price of a foreign currency rises,we say there has been an appreciation of the domestic currency.

Name: If the price of a foreign currency rises,we say there has been an appreciation of the domestic currency.
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Question

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If the price of a foreign currency rises, it means there has been a depreciation of the domestic currency. Appreciation refers to the increase in the value of a currency relative to another currency.

If the Price of a Foreign Currency Rises,we Say There