The artificial raising of the value of kina against other currencies by the Bank of PNG is known as

A. Appreciation
B. depreciation
C. devaluation
D. revaluation

1 answer

The correct answer is D. revaluation.

Revaluation refers to the artificial increase in the value of a currency by the government or central bank, while depreciation and devaluation refer to decreases in currency value. Appreciation typically refers to an increase in currency value due to market forces.