When Mexico was trying to maintain the fixed exchange rate system, if the exchange rate started to rise, the central bank would need to:
Multiple choice question.
a. buy dollars with pesos decreasing the supply of pesos and bringing the exchange rate back down.
b. buy dollars with pesos increasing the supply of pesos and bringing the exchange rate back down.
c. buy pesos with dollars decreasing the supply of pesos and bringing the exchange rate back down.
d. buy pesos with dollars increasing the supply of pesos and bringing the exchange rate back down