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Suppose currency A depreciates 4% against the dollar. Currency B appreciates 3% against the dollar. Currency A ______________ approximately _____________% against currency B. Currency B

Suppose currency A depreciates 4% against the dollar. Currency B appreciates 3% against the dollar.

  • Currency A ______________ approximately _____________% against currency B.
  • Currency B ______________ approximately _____________% against currency A.

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