RestatementSoru #11132
No sooner had the central bank raised baseline interest rates than the national currency gained sharp value against foreign exchange reserves.
- A)Raising interest rates caused an immediate depreciation in the domestic monetary exchange value.
- B)The national currency plunged into hyperinflation before the central bank could alter borrowing rates.
- C)As soon as the central bank increased interest rates, the domestic currency experienced a rapid appreciation against foreign currencies.
- D)Foreign exchange reserves expanded because the central bank refused to tighten monetary policy.
- E)The currency appreciation took several decades to occur following the central bank's monetary hike.
Cevabı ve çözümü göster
Doğru cevap: C) As soon as the central bank increased interest rates, the domestic currency experienced a rapid appreciation against foreign currencies.
Çözüm: "No sooner had X happened than Y happened" = "As soon as X happened, Y happened". Doğru cevap C'dir.