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If lots of people want euros and euros are in short supply, and a few people want japanese yen and yen are in plentiful supply, the yen is likely to _____ against the euro.
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Oct 13, 2018
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If lots of people want euros and euros are in short supply, and a few people want japanese yen and yen are in plentiful supply, the yen is likely to _____ against the euro.
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Prudhvi
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in this case
the yen is likely to Depreciate against the euro
The value of a currency will increase if it became rare (less owner)
If the amount of yen is abundant but yet it remained unwanted, the value of the yen currency will keep dropping.
Israel Lopez
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Oct 18, 2018
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Israel Lopez
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