The rupee devalued against the dollar and yen over one month, declining from 147 Rs/$ to 160 Rs/$ and appreciating relative to the yen from 106/$ to 100/$. The rupee depreciated by 13.3% against the yen over this period.
In one month Sri Lankas floatingrate currency the rupee .pdf
1. In one month Sri Lankas floating-rate currency, the rupee (Rs), goes from 147 Rs/$ to 160 Rs/$,
while the Japanese yen goes from 106 /$ to 100 /$. (a) There has been a devaluation of the rupee
against the dollar and the yen. (b) The rupee has depreciated by 13.3% against the yen. (c) The
rupee has depreciated by 15.4% against the yen. (d) The yen has