When the exchange rate falls this is called_____, whereas when the exchange rate rises this is called___________.

Name: When the exchange rate falls this is called_____, whereas when the exchange rate rises this is called___________.
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Question

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When the exchange rate of a currency falls, it is referred to as depreciation, meaning it has lost value relative to another currency. Conversely, when the exchange rate rises, it is known as appreciation, indicating the currency has gained value against another currency.

When the Exchange Rate Falls This Is Called_____, Whereas When