What Are Currency Depreciation and Appreciation? In the foreign exchange market, currency depreciation occurs when the value of one currency falls compared to the value of another currency. On the ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Somer G. Anderson is CPA, doctor of ...
The Philippine peso hit a historical low closing price of P59.44 per dollar on Wednesday, continuing a trend of depreciation since the beginning of the year. Exchange rates are notoriously difficult ...
The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.