Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

Give the meaning of appreciation and depreciation of domestic currency.
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
answered-by-expert Expert Answer

Currency appreciation means a situation when the value of domestic currency increases in relation to the value of other currencies. Fewer rupees are required to purchase a dollar such as US dollar exchanges for Rs 50 instead of Rs 55. Hence, the domestic currency indicates appreciation.

Currency depreciation means a situation when the value of domestic currency decreases in relation to the value of other currencies. More rupees are required to purchase a dollar like US dollar exchanges for Rs 55 instead of Rs 50. Hence, the domestic currency indicates depreciation.

Answered by | 19 Apr, 2016, 02:42: PM
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 12:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×