Question

Explain where there is an inverse relationship between price of Foreign Currency and its demand.

Answer 1

If there is more price of foreign currency then less people use it whereas if price is lowered then more people will transact in foreign currency.

Answer 2

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The Currency appreciation is an increase in the value of one currency in relation to another currency. Currencies appreciate against each other for a variety of reasons, including government policy, interest rates, trade balances, and business cycles.