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Depreciation and appreciation of currency

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Depreciation and appreciation of currency

    • Posted by Saurabh Anand 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Abdul Samim 7 years ago

    depreciation of currency : when there is a decrease in the value of domestic currency in terms of foreign exchange rate. Appreciation of currency : when there is an increase in the value of domestic currency in terms of foreign exchange rate.

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