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horsena [70]
3 years ago
6

An increase in the value of currency is called

History
2 answers:
umka2103 [35]3 years ago
6 0
It's called <span>Currency appreciation.</span>
Alex Ar [27]3 years ago
4 0

Answer:

An increase in the value of currency is called appreciation.

Explanation:

Increase in the value of a currency in relation to the other currencies.

The appreciation is the process contrary to depreciation, which involves the decrease in the value of a currency.

The appreciation of a currency can be produced by the increase of its demand in the currency market or as a consequence of monetary policy.

In the event that the exchange rate between the currencies is fixed, the rise of this exchange rate would be called revaluation.

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