A leftward shift of the supply of foreign exchange will cause a depreciation of the currency.

Name: A leftward shift of the supply of foreign exchange will cause a depreciation of the currency.
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Question

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A leftward shift in the supply of foreign exchange means there is less foreign currency available, leading to an increase in the value of foreign currency relative to the domestic currency, causing the domestic currency to depreciate.

A Leftward Shift of the Supply of Foreign Exchange Will