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A country has until now a fixed exchange rate and its currency is undervalued.Now the Central Bank is aboutto floatits currency.If currency traders are aware

A country has until now a fixed exchange rate and its currency is undervalued.Now the Central Bank is aboutto floatits currency.If currency traders are aware of this,then:

both the demand for and the supply ofthe currencydecrease.

the demand for the currency increases and the supply of it decreases.

the supply of and the demand for the currency will not change.

the demand for the currency decreases and the supply of it increases.

the currency

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