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Inflation should match (negative) derivative/slope of exchange rate, right?
Something is happening in the last three months, but it's not clear it's better than the year-long trend (yet).
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Inflation should match (negative) derivative/slope of exchange rate, right?
Something is happening in the last three months, but it's not clear it's better than the year-long trend (yet).
The graph I shared shows the inflation in the peso. Do you mean money supply growth?