If one foreign currency will appreciate against the dollar, then all foreign currencies will appreciate against the dollar but by different degrees.

Question

Quizplus · Accepted Answer

It is not necessarily true that all foreign currencies will appreciate against the dollar if one does. The exchange rates between currencies are determined by a variety of factors, including economic policies, geopolitical events, and market demand. Therefore, the appreciation or depreciation of one currency may not necessarily impact others in the same way.

If One Foreign Currency Will Appreciate Against the Dollar, Then