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How is appreciation of domestic currency …

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How is appreciation of domestic currency good for the economy?

    • Posted by Pratham Jindal 7 years, 9 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Akansha Shukla 7 years, 9 months ago

    It leads to rise in imports because appreciation makes the foreign goods cheaper than before

    0Thank You

    Vishakha Joshi 7 years, 9 months ago

    Appreciation of domestic currency will increase the value of domestic currency .......foreign will have to pay more to buy one unit of domestic currency hence appreciation is goo

    1Thank You

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