Explain the following statement: When a change in country's nominal interest rate is caused by a rise

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Explain the following statement: "When a change in country's nominal interest rate is caused by a rise in the expected real interest rate, the domestic currency appreciates. When a change is caused by a rise in expected inflation, the currency depreciated."

Posted Date: May 18, 2024 08:11 PM

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Explain the following statement: When a change in country's nominal interest rate is caused by a rise

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