Question

distinguish between appreciation and depreciation of currency?

Answer 1

currency Depreciation on refers to decrease in the value of domestic currency in term of foreign currency, it makes the domestic currency less valuable and more of it required to buy the foreign currency

Answer 2

Currency depreciation is the loss of value of a country's currencywith respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no officialcurrency value is maintained.Currency appreciation in the same context is an increase in the value of the currency.