MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

New Forms of Money

Very Short An...

Question

Very Short Answer Type Questions:
Give the meaning of currency appreciation.

Open in App

Solution

Currency appreciation refers to increase in the value of domestic currency in terms of foreign currency.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Short Answer Type Questions:
Briefly discuss the concepts of currency appreciation and currency depreciation.

Q. Very Short Answer Type Questions
What is meant by depreciation of domestic currency?

Q. Short Answer Type Questions:
Explain the effect of appreciation of domestic currency on imports.

Q. Very Short Answer Type Questions:
The price of

1 U S

Dollar has fallen from

R s . 50

R s . 48

. Has the Indian currency appreciated or depreciated?

Q. Very Short Answer Type Questions:
State two sources of supply of foreign currency.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

New Forms of Money

ECONOMICS

Watch in App

explore_more_icon

Explore more

New Forms of Money

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon