Positive and negative effects of currency …
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Posted by Pooja Agarwal 6 years, 3 months ago
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Krishna Rana 6 years, 3 months ago
Sia ? 6 years, 3 months ago
(i) Appreciation of currency: When the value of domestic currency increases in relation to a foreign currency due to demand and supply forces in the free market, it is termed as appreciation of the domestic currency, (under flexible exchange rate system.)
(ii)Depreciation of currency: Depreciation of domestic currency occurs when the value of domestic currency decreases in relation to the value of foreign currency (under flexible exchange rate system) .
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Aboobakkar Siddiq 6 years, 3 months ago
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