Here is the answer for the question – A lower nominal interest rate in one country indicates the fact that the country’s currency was. You’ll find the correct answer below
A lower nominal interest rate in one country indicates the fact that the country’s currency was
expected to ________.
a. appreciate
b. evaluate
c. devalue
d. depreciate
The Correct Answer is
a. appreciate
Reason Explained
a. appreciate is correct for A lower nominal interest rate in one country indicates the fact that the country’s currency was
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