Study Notes
Exchange Rates - Reasons for a Currency Depreciation
- Level:
- AS, A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 3 Jul 2018
A depreciation is a fall in the external value of one currency against another, for example the Australian dollar might depreciate against the US dollar so that one Australian dollar buys less of the US currency.
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