Respuesta :
The u.s. dollar exchange rate increased from $ 0.89 Canadian in to $ 0.96 Canadian in June 2010 , and it decreased from in to in 83.8 euro cents .
What happens when currency depreciates?
If the dollar depreciates (the exchange rate falls), the relative price of domestic goods and services falls while the relative price of foreign goods and services increases. The change in relative prices will increase U.S. exports and decrease its imports.
What causes the exchange rate to depreciate?
Currency depreciation is a fall in the value of a currency in terms of its exchange rate versus other currencies. Currency depreciation can occur due to factors such as economic fundamentals, interest rate differentials, political instability, or risk aversion among investors
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