currency appreciation

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Currency appreciation

An increase in the value of one currency relative to another currency. Appreciation occurs when, because of a change in exchange rates, a unit of one currency buys more units of another currency.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Currency Appreciation

An increase in the value of one currency with respect to another. This means that one unit of the appreciating currency buys more units of the other currency than it did previously. While this can be a good sign, as it may indicate a low rate of inflation, it also makes exports from the country with the appreciating currency more expensive, while making imports less expensive.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

currency appreciation

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005