Question: Last year, Khalid exchanged $ 1 for 1 0 0 Japanese yen, but this year he exchanged $ 1 for 1 0 5 Japanese yen.
Last year, Khalid exchanged $ for Japanese yen, but this year he exchanged $ for Japanese yen. Which of the following is true?
US dollar appreciated
US dollar depreciated
Japanese yen appreciated
None of the currency appreciated or depreciated
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