Question: In September 2 0 2 4 September 2 0 2 4 , the exchange rate between the Japanese yen and the U . S .
In
September September
the exchange rate between the Japanese yen and the US dollar expressed in terms of yen per dollar was
$ The exchange rate expressed in terms of dollars per yen is
dollars per yen. Enter your response rounded to four decimal places.
Realtime data provided by Federal Reserve Economic DataFRED Federal Reserve Bank of Saint Louis
Part
Suppose that the exchange rate between the dollar and the euro was
euro
per dollar in
March March
and
euro
per dollar in
June June
From
March March
to
June June
the euro
A
depreciateddepreciated
against the dollar because
fewerfewer
euros are needed to purchase one dollar.
B
appreciatedappreciated
against the dollar because
fewerfewer
euros are needed to purchase one dollar.
C
depreciateddepreciated
against the dollar because
moremore
euros are needed to purchase one dollar.
D
appreciatedappreciated
against the dollar because
moremore
euros are needed to purchase one dollar.
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