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Question 24 A strong peso is likely associated with either Liptis increxsed real interest rates or incressed indation in Mexico decreased real interest rates or decreased inflation in Mexico increased ies interest rates or decreased infotion in Mesico decreased reat interest rates or inceased inflation in Menco During the currency crisis of September 2002, the bank of England borrowed 50 Mi DM from the Bundesbank when a pound was worth DM 2.4. It immediately sold these DM in the foreign exchange market for pounds in an attempt to preverit devakation of the pound; it later repaid these DM at the post-crisis rate of DM 1.8: GBP 1. What was the cost/profit to the bank of england in pounds