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It affects prices and reserves as well as taxes and its handling and protection from trouble is the job of the CFO (Chief Financial Officer)

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11y ago

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Related Questions

Is it true that appreciation results in a decrease in the value of currency?

No, appreciation of a currency actually results in an increase in its value, not a decrease.


What are the advantages and disadvantages of Currency Appreciation?

Disadvantages of currency appreciation is makes the exports of the domestic economy less competitive in the world markets


Do higher interest rates lead to currency appreciation?

Yes, higher interest rates can lead to currency appreciation. When a country's interest rates are higher compared to other countries, it attracts foreign investors seeking higher returns on their investments. This increased demand for the country's currency can lead to its appreciation in value.


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What is the currency appreciation?

The rise in value of a currency relative to other currencies and sometimes gold. There are many economic explanations for the movement (or appreciation and depreciation) of currencies relative to one another and to gold.


What is currency appreciation?

The rise in value of a currency relative to other currencies and sometimes gold. There are many economic explanations for the movement (or appreciation and depreciation) of currencies relative to one another and to gold.


What is the effect of a currency revaluation?

Currency revaluation is the equivalent of currency appreciation, except that it occurs under a fixed exchange rate regime and is mandated by the government.


How does a currency appreciate?

An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates; a unit of one currency buys more units of another currency.


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What is depreciation and appreciation of foreign currency?

Depreciation is when one currency becomes weak against another currency. Appreciation is when one currency becomes stronger than other currency. For example, imagine that current exchange rate is USD/EUR=1.42 and after some time it changed to USD/EUR=1.45, in that case US Dollar depreciated against Euro. If it changes to USD/EUR=1.38 in this case US Dollar appreciates against Euro.


What is the importance of foreign currency generated by the tourism indutry?

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