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What is appreciation of a currency?

Benjamin Martin | 2023-06-11 13:54:22 | page views：1555
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Lucas Parker

Works at the International Monetary Fund, Lives in Washington, D.C., USA.
Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no official currency value is maintained. Currency appreciation in the same context is an increase in the value of the currency.
2023-06-17 13:54:22
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Isabella Davis

QuesHub.com delivers expert answers and knowledge to you.
Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no official currency value is maintained. Currency appreciation in the same context is an increase in the value of the currency.
Currency appreciation and depreciation - Wikipedia
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