Read the following statements carefully: Statement 1: Depreciation of currency is an economic action undertaken by the government of a nation under…

Read the following statements carefully :Statement $\displaystyle 1$ : Depreciation of currency is an economic action undertaken by the government of a nation under the fixed exchange rate system.Statement $\displaystyle 2$ : Under the floating exchange Rate system, authorities actively intervene in the foreign exchange market by way of maintaining foreign exchange reserves.In the light of the given statements, choose the correct option from the following :