Economy, asked by nmod15, 1 year ago

what is meant by appreciation of currency?

Answers

Answered by DeViKa0506
2
An increase in the value of onecurrency relative to anothercurrency. Appreciation occurs when, because of a change in exchange rates, a unit of onecurrency buys more units of another currency.
Answered by jass84
2
Currency appreciation is an increase in the value of one currency in terms of another..... I hope this will help you

jass84: please if it really helps you so mark it as brainleast
jass84: please if it really helps you so mark it as brainleast
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