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RBA Glossary definition for appreciation

appreciation – An increase in the value of an asset. In foreign-exchange terms, it is a relative increase in the value of one currency compared to another.

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Modern Approaches to Asset Price Formation: A Survey of Recent Theoretical Literature

1 Mar 1995 RDP 9501
Tro Kortian
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9501.html

Introduction

1 Mar 1995 RDP 9501
Tro Kortian
As a consequence there has been considerable re-assessment and re-evaluation of the more traditional models of asset price determination, as well as a greater appreciation by academics of the
https://www.rba.gov.au/publications/rdp/1995/9501/introduction.html