Distinguish between revaluation and appreciation of domestic currency? – InterviewSolution

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1.	Distinguish between revaluation and appreciation of domestic currency?
Answer» Appreciation is when the value of a currency goes up in comparison to other currencies. Revaluation is an official rise in the price of the currency within a fixed exchange rate system. ... The diference is that DEPRECIATION occurs in a floating exchange rate whereas DEVALUATION happens in a fixed exchange rate.Explanation:MARK it as a brainliest

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