Planned increase in the price of foreign currency in terms of domestic currency is termed as -
(a) revaluation of domestic currency
(b) devaluation of domestic currency
(c) depreciation of foreign currency
(d) appreciation of foreign currency
Answers
Answered by
0
Answer:
OPTION C AND D 133445566
Answered by
1
Answer:
appreciation of foreign currency
Explanation:
appreciation of currency when the valve of domestic currency increase in valation to a foreign currency due to demand and supply force in the free market it is formed as appreciation of the domestic currency
Similar questions