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  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    The US Dollar exchange rate for rupee is Rs. 75 now, as compared to Rs. 63 previously. This shows that the value of rupee has

    A) depreciated

    B) appreciated

    C) devalued

    D) revalued

    Correct Answer: A

    Solution :

    Price of US Dollar rose from Rs. 63 per unit to Rs. 75 per unit, this shows that the value of domestic currency has fallen over the time period due to market forces. This is known as depreciation of domestic currency.


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