Suppose two countries, A and G. Ceteris paribus, a decrease in prices in country G leads to: an increase in consumption in G, and therefore an increase in imports, resulting in an appreciation of the country's A currency. a decrease in consumption in G, and therefore a decrease in imports, resulting in a depreciation of the country's A currency. an increase in exports to country A, and therefore an appreciation of the country's A currency an increase in exports to A, and therefore a depreciation of the country's A currency