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Use the FOREX and money market diagrams to answer the following questions. This question considers the relationship between the Indian rupees (INR) and the Chinese
Use the FOREX and money market diagrams to answer the following questions. This question considers the
relationship between the Indian rupees (INR) and the Chinese yuan (CNY). Let the exchange rate be defined
as rupees per yuan ER/C. On all graphs, label the initial equilibrium point A.
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