| || What is the definition of Depreciation? |
This is a decrease or fall in the value of a currency against other currencies in the forex market as a result of loss of market confidence by traders in that currency.
| || TradersLaboratory decodes Depreciation |
Depreciation should be differentiated from devaluation, which is a deliberate government policy of the local country to drop the value of its currency’s value. Depreciation is usually a product of market forces, and is usually as a result of a negative attitude of traders to a currency, leading them