What does it mean to say that a currency appreciates? Depreciates? Becomes stronger? Becomes weaker?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 03:09 AM

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What does it mean to say that a currency appreciates? Depreciates? Becomes stronger? Becomes weaker?

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When we talk about a currency appreciating or depreciating becoming stronger or weaker we are referring to changes in its exchange rate relative to an...View the full answer

Principles Of Economics

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