Question

If the exchange rate changes from 1$ = ₹ 86 to 1\$ = ₹ 88, it implies that ______.

पर्याय

• Indian rupee has depreciated

• the rupee has appreciated

• the dollar has depreciated

• the rupee has revalued

Answer 1

If the exchange rate changes from 1$ = ₹ 86 to 1\$ = ₹ 88, it implies that Indian rupee has depreciated.