The current spot rate for the Euro is Rs. 86,the expected inflation ra – McqOptions

MCQOPTIONS

1.	The current spot rate for the Euro is Rs. 86,the expected inflation rate is 5 in India and 3 in Europe. What is the expected Spot Rate of Euro one year hence?
A.	Rs. 87.67/Euro
B.	Rs. 84.36/Euro
C.	Rs. 86/Euro
D.	Rs. 93/Euro
Answer» B. Rs. 84.36/Euro

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