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