Tequila Crisis (A) (web exercise). Log in to www.pacific.commerce.ubc.ca/xr to graph the Mexican price of one U.S.

Question:

Tequila Crisis (A) (web exercise). Log in to www.pacific.commerce.ubc.ca/xr to graph the Mexican price of one U.S. dollar over the period 1992–1996. Can you characterize the exchange rate regime(s) implemented by Mexico over the same period? What was the role played by the central bank of Mexico over the same period?

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