Currency appreciation and depreciation
What Currency appreciation and depreciation means in Economics GCSE, as defined for AQA.
Definition of Currency appreciation and depreciation
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Reference: AQA
A rise in the price of the pound is appreciation, while a fall in its value against other currencies is depreciation.
Topics that use Currency appreciation and depreciation
- Exchange rates (AQA GCSE)
Related terms
Using Currency appreciation and depreciation in the exam
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