Forex Spot and Forward Illustration 31
Spot USD INR 50.00
Spot EUR INR 60.00
In 1 year Dollar will appreciate by 4% and Euro will depreciate by 5%.
Calculate 1 year later likely rates of USD INR, EUR INR, EUR USD and USD EUR.
(Ans.: 52, 57, 1.0962 and 0.9123)
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