Why the lower inflation and higher nominal interest rates can lead to the higher value of currency in the short run?

CFA Level III
#1

Shouldn’t the higher inflation be related to higher interest rate?

I understand the higher real interest rate drive up the currency value but why would the nominal one does the same?

Thank you!

#2

nominal = real+inflation

if nominal greater and inflation low, then real is higher.

#3

Thank you, Thank you!

I think sometimes my brain is not thinking the right things…