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In countries with floating exchange rates and Ph (home inflation) > Pf ( foreign inflation), the home currency will: Appreciate in real terms Depreciate in
In countries with floating exchange rates and Ph (home inflation) > Pf ( foreign inflation), the home currency will:
Appreciate in real terms
Depreciate in real terms
Depreciate
Appreciate
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
