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If the Swiss franc depreciates against the U.S. dollar, can a dollar buy more or fewer Swiss francs as a result? |
Answer and Explanation

Verified Answer
A loss in the value of currency with respect to one or more foreign currencies is known as currency depreciation. It is affected by the demand and supply forces and hence changes the exchange rates.
If Swiss franc depreciates against the U.S. dollar, it states that the currency value of Swiss franc has weakened with respect to the currency value of dollar. Thus, one dollar can buy more units of swiss franc in the near future.
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