On Wednesday, the exchange rate between the Japanese yen and the U.S. dollar was $0.010 per yen.
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On Wednesday, the exchange rate between the Japanese yen and the U.S. dollar was $0.010 per yen. On Thursday, it was $0.009. Did the dollar appreciate or depreciate against the yen? By how much, expressed as a percentage change?
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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a Comparing the amount of dollars paid with respect to yen we ...View the full answer
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