Others, still regarding gold as the standard of value, have seen in its rise the measure of a constant depreciation of the currency. Filled with prophetic forebodings, these men see for the ...

A currency's appreciation or depreciation can be influenced by a number of factors, including interest rates, trade, and politics. In the foreign exchange market, currency depreciation occurs when ...

Subsequently, indeed, it declined in value, but the depreciation, for more than twelve years, was less than 3 percent. And finally, after falling for a time as low as 25 per cent., the currency ...