Purchase Power Parity Illustration 5
An Indian company is planning to invest in the US. The rates of inflation are 8% in India and 3% in USA. What is the spot rate can you expect after 2 years? Spot rate now is 45.00/$.
(Ans.: 49.4750 / $)
Purchase Power Parity Illustration 5
An Indian company is planning to invest in the US. The rates of inflation are 8% in India and 3% in USA. What is the spot rate can you expect after 2 years? Spot rate now is 45.00/$.
(Ans.: 49.4750 / $)
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