Appreciation in foreign currency ?

Appreciation of a currency is the increase in its value in terms of another foreign currency. Thus currency appreciation takes place when there is a decrease in the domestic currency price of foreign currency. For instance, if the value of a rupee in terms of US dollar increases, say from र 50 to र 49 to a dollar, it will be called appreciation of Indian currency (i.e., rupee) because less rupees are required to buy one US dollar. This shows strengthening of the Indian rupee. So with same amount of money (Rupees), more goods can be purchased from US. It means imports from US have become cheaper. This may result in increase of imports by India from US. By contrast when Indian rupee in dollar terms appreciates, the dollar would depreciate. In short, lower exchange rate like $I = र 49 instead of र 50 means appreciation of Indian currency.