Question: / courses / 3 8 5 / modules / 1 1 2 5 / watch Everything else being equal, what is usually the effect on

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Everything else being equal, what is usually the effect on a country's currency when it undergoes a surprise interest rate hike?
OThe currency will weaken because it will attract more global investors.
The currency will weaken because it will attract less global investors.
The currency will strengthen because it will attract more global investors.
Module: Currency Market Mechanics
Next Module: Regulation and Control *
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