"When there is low inflation, it will be backed by low interest and an appreciated currency and not depreciated currency." Isn't this statement wrong as inflation and interest rates have an inverse relationship.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter36: Exchange Rates And Financial Links Between Countries
Section: Chapter Questions
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"When there is low inflation, it will be backed by low interest and an appreciated currency and not depreciated currency." Isn't this statement wrong as inflation and interest rates have an inverse relationship.

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