Sample exchange ratescurrency pairdirect rateindia rupee-, Ask an Expert

Finance

Sample Exchange Rates

Currency Pair Direct Rate

India (rupee)- USD 0.02115

Britain (pound)- USD 1.89703

Turkey (lira)- USD 0.64214

The inflation rate in the United States is 1%, and the inflation rate in Turkey is 14%. What would be the 3-year forward rate in Turkish lira?

The 3-year spot rate would be () Turkish lira. (Round to four decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92881028

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