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Question
If Rs. 150 are required to buy $ 2, instead of Rs. 100 earlier, then ______.
Options
Domestic currency has depreciated
Domestic currency has appreciated
Rupee value of import bill will increase
Both (1) and (3)
MCQ
Fill in the Blanks
Solution
Both (1) and (3)
shaalaa.com
Foreign Exchange Market - Foreign Exchange Rate
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