The exchange rate and euro depreciation
The exchange rate changed from â?¬ 2.5/ $ to â?¬ 2.0/ $. Therefore:
A. The euro depreciated by 25% and the dollar appreciated by 20%.
B. The euro appreciated by 20% and the dollar depreciated by 20%.
C. The euro appreciated by 25% and the dollar depreciated by 20%.
D. The euro depreciated by 20% and the dollar appreciated by 20%
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The exchange rate changed from â?¬ 2.5/ $ to â?¬ 2.0/ $. Therefore:
A. The euro depreciated by 25% and the dollar appreciated ...
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The expert examines the exchange rate and euro depreciation.
$2.19