Arrange the sequence of events resulting in depreciation of the domestic currency.

(A) The demand curve of foreign exchange will shift upwards and right to the original demand curve

(B) Suppose there is increased international traveling by Indians

(C) This means that there is increase in demand for foreign exchange 

(D) This will result in an increase in the foreign exchange rate

 Choose the correct answer from the options given below:

(B), (C), (A), (D)

The correct answer is option (1) : (B), (C), (A), (D)

(B) Suppose there is increased international traveling by Indians

(C) This means that there is increase in demand for foreign exchange 

(A) The demand curve of foreign exchange will shift upwards and right to the original demand curve

(D) This will result in an increase in the foreign exchange rate