A rise in the value of a currency in relation to another currency in the international market is called:
A)appreciation.
B)depreciation.
C)devaluation.
D)conservation.
E)redenomination.

Question

Quizplus · Accepted Answer

Appreciation refers to the increase in the value of a currency in comparison to another currency. This is usually due to market forces such as changes in supply and demand, political stability, and economic conditions, among other factors.

A Rise in the Value of a Currency in Relation