Using a demand and supply graph for the Danish krone, assess what might happen to the value of the krone against the dollar due to the following change:

A Danish company Novo Nordisk produces the popular new drugs Ozempic and Wegovy. The company has received 49 billion Danish krones in profit ($7 billion) over the first six months of 2023, up 32% from the same period in 2022. World demand for these drugs is very high.

After you assess what might happen to the krone, read the article "How soaring demand for Ozempic and Wegovy is altering Denmark's economyLinks to an external site. (How soaring demand for Ozempic and Wegovy is altering Denmark's economy | CNN Business) and comment on the changes in the exchange rate and the interest rate they have experienced. Was your initial answer in the same direction?