Question : It refers to increases in the value of domestic currency in terms of foreign currency.
Option 1: Depreciation
Option 2: Appreciation
Option 3: Revaluation
Option 4: Devaluation
Correct Answer: Appreciation
Solution : Currency appreciation refers to increase in the value of domestic currency in terms of foreign currency. Hence Option B is correct.
Question : It refers to increases in the value of domestic currency in terms of foreign currency by the government.
Question : It refers to decrease in the value of domestic currency in terms of foreign currency.
Question : It refers to decrease in the value of domestic currency in terms of foreign currency by the government.
Question : When domestic currency gains value in relation to a foreign currency in the international market, it is termed as a situation of:
Question : Demand for foreign exchange arise when people wants to make gain from ________ of currency.
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