Under a fixed exchange rate system, raising the official value of the domestic currency is called Revaluation. Under a flexible system, a similar rise is called Appreciation. Devaluation and Depreciation refer to decreases in currency value.
Raising the value of country's currency under fixed exchange rate system is :
CUET UG 2022 — Economics Macro
2022mcqeasy
Raising the value of country's currency under fixed exchange rate system is :
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Devaluation
- B
Appreciation
- C
Revaluation
- D
Depreciation
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