Question

Purchase of foreign currency by the monetary authority ____ the appreciation of domestic currency

Answer 1

Purchase of foreign currency by the monetary authority is an appreciation of the domestic currency.

Explanation:

• The correct use of helping verb and article word in the above sentence is "is" and "an".
• There are three common helping verbs that are used in sentences to connect words.
• These are is, am, and are.
• The articles are a and an.
• An is used before words starting with vowel letters.
• It is also used with countable and non-countable nouns.