Excess supply of Canadian dollars in the FOREX market causes the Canadian dollar to depreciate.

Name: Excess supply of Canadian dollars in the FOREX market causes the Canadian dollar to depreciate.
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Question

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An excess supply of a currency in the foreign exchange market causes its value to decrease, which is known as depreciation. Therefore, an excess supply of Canadian dollars in the FOREX market would cause the Canadian dollar to depreciate.

Excess Supply of Canadian Dollars in the FOREX Market Causes