Question

State, giving valid reasons, whether the following statements are true orfalse:

(a) Appreciation of the Indian currency occurs when more rupees are to be paid for USdollar.

(b) Flexible exchange rate is determined by IMF.

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Answer 1

Answer:

Good night !!!!!!!!!!!!!!!!!!!!@!!!!

Answer 2

Answer:

i) noo

ii) false. it is determined by market forces of demand and supply