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Is appreciation of currency good?
A strong dollar or increase in the exchange rate (appreciation) is often better for individuals because it makes imports cheaper and lowers inflation. …
Side Effects of South African Rand Currency Depreciation
A weak currency or lower exchange rate (depreciation) can be better for an economy and for firms that export goods to other countries.
SEE ALSO
- Do exchange rates change daily
- Dollar To Rand
- History of the Rand
- How does a country manipulate its currency
- How does a currency depreciate?
- Is appreciation of currency good?
- South African Rand Historical data
- South African Rand Restrictions
- What happens when a currency weakens?
- What happens when exchange rate falls?
