options:

1.449912

1.673546

1.484680

0.326454

appreciated

depreciated

0.326454

1.449912

1.484680

1.673546

1. Exchange rate basics Suppose that yesterday, the U.S. doliar-Mexican peso exchange rate was $1=90.673546. The price of one Mexican peso in terms of a U.S. dollar was Suppose that today the U.S. dollar-Mexican peso exchange rate rises to 51= p0.689697 for one dollar. This means that between yesterday and today, the U.S. dollar has against the Mexican peso. The price of a Mexican peso in terms of the U.S. dollar is now