MyQuestionIcon

13

You visited us 13 times! Enjoying our articles? Unlock Full Access!

Finding Average Velocity

Very Short An...

Question

Very Short Answer Type Questions:
The price of $1 U S$ Dollar has fallen from $R s . 50$ to $R s . 48$ . Has the Indian currency appreciated or depreciated?

Open in App

Solution

Indian currency is appreciating when the price of one dollar has fallen from Rs 50 to Rs 48, as less rupees are needed to buy one dollar. It is a situation of a rise in exchange rate for Indian rupee.

Suggest Corrections

thumbs-up

0

Similar questions

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

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. Very Short Answer Type Questions:
Income from property, royalty, entrepreneurial income, and interest is Rs. 150, Rs. 100, Rs.75 and Rs. 50. How much is the operating surplus?

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

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Speed and Velocity

PHYSICS

Watch in App

explore_more_icon

Explore more

Finding Average Velocity

Standard XII Physics

Join BYJU'S Learning Program

CrossIcon