Question : Demand for foreign exchange arise when people wants to make gain from ________ of currency.
Option 1: Depreciation
Option 2: Appreciation
Option 3: Devaluation
Option 4: Revaluation
Answer (1)
21st Jan, 2024
Correct Answer:
Appreciation
Solution :
Demand for foreign exchange of guise mean people wants to make gains from appreciation of currency.
Hence option B is correct.
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