Multiple Choice
A change from Rs. 140 = 2 £ to Rs. 60 = 1 £ indicates that Rs. is
A) Appreciated
B) Depreciated
C) Neither
D) Either (a) or (b)
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: When one country manipulates exchange rate against
Q7: Other things remaining the unchanged, when in
Q8: Buyers and sellers of foreign exchange are<br>A)central
Q9: In a flexile exchange rate regime<br>A)central government
Q10: A foreign currency account maintained by a
Q12: In which of the following items raises
Q13: Other things remaining the same, when in
Q14: Demand for foreign currency depends upon:<br>A)repayment of
Q15: A change from Rs. 60 = 1
Q16: Which exchange rate measures the average relative