If one foreign currency will appreciate against the dollar, then all foreign currencies will appreciate against the dollar but by different degrees.

Question

Quizplus · Accepted Answer

The exchange rates between currencies depend on various factors such as economic conditions, political events, and market sentiment. Therefore, a change in one currency's exchange rate against the dollar does not necessarily cause the same change in all other currencies. Each currency's exchange rate will depend on its own unique set of factors.

If One Foreign Currency Will Appreciate Against the Dollar, Then