If the Bangladeshi taka depreciates against the Japanese yen,this means that the Japanese yen has appreciated against all currencies.

Question

Quizplus · Accepted Answer

The depreciation of Bangladeshi taka against the Japanese yen only indicates the relative strength of these two currencies. It does not necessarily mean that the Japanese yen has appreciated against all currencies, as its exchange rate may have been stagnant or depreciated against other currencies during the same period.

If the Bangladeshi Taka Depreciates Against the Japanese Yen,this Means