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Business, 29.04.2021 22:10 aguilarjose

According to a 2013 article on Top Forex​ News: ​"[India's] central bank raised interest rates yesterday in order ... to support the weakening currency​ (the Indian​ rupee)." ​Source: "RBI Raises​ Rates, Rupee​ Stronger," topforexnews, July​ 16, 2013. Higher interest rates strengthen a currency because they A. decrease the demand for the currency. B. decrease the supply of the currency. C. increase the demand for the currency. D. increase the supply of the currency.

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