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Foreign exchange market for colombian pesos

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Reference no: EM132550517

Colombia is the world's biggest producer of roses. The global demand for roses increases and at the same time Colombia's central bank increases the interest rate. Using appropriate graph show, what happens, in the foreign exchange market for Colombian pesos to:

-The demand for pesos?
-The supply for pesos?
-The quantity of pesos demanded?
-The quantity of pesos supplied?
-The peso- Canadian dollar exchange rate?

Reference no: EM132550517

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