I want to ask definition of Appreciation (in the value of a currency) ?
Currency appreciation is when one currency in a forex pair increases in value relative to the other currency in the pair. Forex traders often talk about one currency ‘strengthening’ in relation to another, meaning that it would cost more to buy, or that it can buy more of another currency when sold.
(ig.com)
Appreciation (in the value of a currency) is an increase in the value of one currency in relation to another currency.
(Investopedia.com)
Appreciation (in the value of a currency) is a rise in the value or market price of a national currency against another currency or currencies.
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