Assume you have a quotation between currencies C$1$ and C$2.$ This quote is direct from the perspective of the country that issued currency C$1.$ Which of the statements below can best describe this quote and resulting exchange rate given that currency C$2$ is appreciating? Select one $$ the most appropriate answer.

Group of answer choices

Numerical value of this exchange rate is decreasing.

No correct answer.

Numerical value of this exchange rate is increasing.

Numerical value of this exchange rate may be either decreasing of decreasing depending on whether currency C$1$ is appreciating or depreciating.