When the exchange rate changes from 1$ = ` 60 to 1$ = ` 58, it means : – McqOptions

MCQOPTIONS

1.	When the exchange rate changes from 1$ = ` 60 to 1$ = ` 58, it means :I. Rupee value has appreciated II. Dollar value has depreciatedIII. Rupee value has depreciated IV. Dollar value has appreciated
A.	I and II are correct.
B.	II and III are correct.
C.	I and IV are correct.
D.	II and IV are correct.
Answer» B. II and III are correct.

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