An increase in the value of one currency in terms of another. Currencies appreciate against each other for various reasons, including capital inflows and the state of a country's current account.
Read Powellâs account of the first ever river expedition through the Grand Canyon in The Exploration of the Colorado River and Its Canyons, issued as a Penguin Classic in 2003.
Vast, magnificent and inarguably beautiful, the Grand Canyon is easily Arizonaâs most distinguishable landmark â and a natural wonder that you simply have to see to believe. Stretching 277 miles from end to end, steep, rocky walls descend more than a mile to the canyonâs floor, where the wild Colorado River traces a swift course southwest.