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Currency appreciation occurs when
  • a)
    Increase in the domestic currency price of the foreign currency
  • b)
    decrease in the price of the domestic currency
  • c)
    Increase in the price of the domestic currency
  • d)
    decrease in the domestic currency price of the foreign currency
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Currency appreciation occurs whena)Increase in the domestic currency p...
Currency appreciation refers to the increase in the value of one currency against another.
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Currency appreciation occurs whena)Increase in the domestic currency price of the foreign currencyb)decrease in the price of the domestic currencyc)Increase in the price of the domestic currencyd)decrease in the domestic currency price of the foreign currencyCorrect answer is option 'D'. Can you explain this answer?
Question Description
Currency appreciation occurs whena)Increase in the domestic currency price of the foreign currencyb)decrease in the price of the domestic currencyc)Increase in the price of the domestic currencyd)decrease in the domestic currency price of the foreign currencyCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Currency appreciation occurs whena)Increase in the domestic currency price of the foreign currencyb)decrease in the price of the domestic currencyc)Increase in the price of the domestic currencyd)decrease in the domestic currency price of the foreign currencyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Currency appreciation occurs whena)Increase in the domestic currency price of the foreign currencyb)decrease in the price of the domestic currencyc)Increase in the price of the domestic currencyd)decrease in the domestic currency price of the foreign currencyCorrect answer is option 'D'. Can you explain this answer?.
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