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Is the rise of foreign exchange rate depreciation or appreciation?
Exchange rate refers to the exchange price between two different currencies. Usually, the exchange rate is expressed in the form of A/B quotation. For example, the A/B quotation is 1.2550, which means that 1 yuan A coin can be changed into 1.2550 yuan B coin. If the quotation of A/B rises to 1.2650, it means that currency A appreciates relatively and currency B depreciates relatively; If the quotation of A/B falls to 1.2450, that is, currency A depreciates and currency B appreciates.

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