A) Currency Depreciation
B) Currency Revaluation
C) Currency Depression
D) Currency devaluation
E) Currency Deflation
Correct Answer: A
Solution :
Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system. It is most often used for the unofficial increase of the exchange rate due to market forces, though sometimes it appears interchangeably with devaluation.You need to login to perform this action.
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