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In the seven months following the publication of this article, the economic effects of the Covid-19 pandemic resulted in the exchange rate between the peso

In the seven months following the publication of this article, the economic effects of the Covid-19 pandemic resulted in the exchange rate between the peso and the dollar changing from 18.7 pesos to the dollar to 22.4 pesos to the dollar. Briefly explain how this movement in the value of the peso affected the profits investors made from this carry trade

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