Home > Term: Currency depreciation
Currency depreciation
A decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency.
- Besedna vrsta: noun
- Industrija/področje: Financial services
- Category: General Finance
- Company: Bloomberg
0
Avtor
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
