1.

If the spot rate for the Russian Ruble on January 152012 was R32.00 / USD and was R72.00 / USD on January 152015 - What was the \% change in the Ruble /USD exchange rate over the 3 year period? \begin{tabular}{|c|} \hline55.56% \\ \hline+55.56% \\ \hline 1.32% \\ \hline1.32% \\ \hline32.45% \\ \hline+32.45% \\ \hline \end{tabular} There was no change in the Ruble value