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If the dollar price of the yen (the price of the yen stated in dollars) rises, then we would say that the dollar has appreciated

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If the dollar price of the yen (the price of the yen stated in dollars) rises, then we would say that the dollar has appreciated relative to the yen. the ination adjusted value of the dollar has fallen. the yen has appreciated relative to the dollar. the yen has depreciated relative to the dollar. ' the Japanese have a yen for dollars

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