Question

When the value of the Indian Rupee changes from $1.25 for Rs. 100 to $1.50 for Rs.
100, then the:
(A) Rupee has appreciated and the dollar has appreciated
(B) Rupee has depreciated and the dollar has appreciated
(C) Rupee has appreciated and the dollar has depreciated
(D) Rupee has depreciated and the dollar has depreciated​

Answer 1

Answer:

C

Explanation:

Rupee has appreciated and the dollar has depreciated