Question : A change from Rs.150=$1 to Rs.200=$1, India’s currency is
Option 1: Depreciating
Option 2: Appreciating
Option 3: None of the above
Option 4: Both of the above.
Answer (1)
13th Jan, 2024
Correct Answer:
Depreciating
Solution :
Rs. is depreciating and $ is appreciating.
Hence Option A is correct.
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