The graphs show the changes in the exchange rates of the pound sterling (£) against the US dollar (US$) and the euro (€) between the years 2001 and 2003.
What happened to the value of the £ between the years 2001 and 2003?
The £ appreciated against the US$ and depreciated against the €.
2 )
The £ appreciated against the US$ and the €.
3 )
The £ depreciated against the US$ and appreciated against the €.
4 )
The £ depreciated against the US$ and the €.
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