On going through this course, the students will understand:
Appreciation vs. Depreciation :Why the currencies appreciate or depreciate and the consequences for international trade, foreign debt and tourism?
Devaluation vs. Depreciation : What is the difference between a government driven adjustment and a market-driven decline?
Appreciation vs. Revaluation: What is the differentiate between a natural rise in value and a deliberate government intervention to strengthen a currency?
The above concepts with the help of real world examples.