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As per reports in the newspapers the Indian Rupee isappreciated these days. What does it really mean?I. The value of the Rupee has gone up. It is now 110 paiseand not 100 paise.II. The exchange rate of Rupee has gone up.III. Now we can purchase more in one Rupee. Which wasnot possible earlier?

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As per reports in the newspapers the Indian Rupee isappreciated these days. What does it really mean?I. The value of the Rupee has gone up. It is now 110 paiseand not 100 paise.II. The exchange rate of Rupee has gone up.III. Now we can purchase more in one Rupee. Which wasnot possible earlier?






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