Business, 03.01.2020 01:31 paulinahunl17

In january 2001, the euro/dollar exchange rate was 1.10, and in january 2002, the euro/dollar exchange rate was 1.120. what happend to the exchange rate during this period?

a. euro depreciated against the dollar
b. euro appreciated against the dollar
c. dollar appreciated against the euro
d. both b and c

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