The problem of high interest rates in Mexico due to delayed devaluation with fixed exchange rates was known as

Name: The problem of high interest rates in Mexico due to delayed devaluation with fixed exchange rates was known as
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"The peso problem" refers to the economic issue Mexico faced due to maintaining a fixed exchange rate while delaying devaluation, which led to high interest rates as investors demanded higher returns to compensate for the anticipated devaluation risk.

The Problem of High Interest Rates in Mexico Due to Delayed