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1. Explain why (holding interest rates constant), a rise in the expected depreciation in acountry's currency leads to depreciation of that currency today. (Using demand

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1. Explain why (holding interest rates constant), a rise in the expected depreciation in acountry's currency leads to depreciation of that currency today. (Using demand and supply curve in the foreign exchange market determine its value) 2. Please answer following question (Explain your answer with diagram): A rise in the Taiwan dollar interest rate how to affect NTS/USS exchange rate? (Using demand and supply curve in the foreign exchange market determine its value)

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