About the exchange rate, The exchange rate between China’s

About the exchange rate

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Reference no: EM131090279

The exchange rate between China’s Yuan and India’s Rupee yesterday was 10.79 Rupee per Yuan. If the exchange rate today is 11 Rupee per Yuan, Which currency appreciated in value? Why or Why not?

Reference no: EM131090279

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About the exchange rate : The exchange rate between China’s Yuan and India’s Rupee yesterday was 10.79 Rupee per Yuan. If the exchange rate today is 11 Rupee per Yuan, Which currency appreciated in value? Why or Why not?

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