Balance of Payment vs. FX rate

External question — Economics Stack Exchange Author: FinanceStudent Original post: https://economics.stackexchange.com/questions/58008 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. How can a country with a Current Account deficit can have an exchange rate appreciating and viceversa a Current Account surplus and a currency depreciating?