. 3. science university Ruggerman bank expects that the Mexican peso will depreciate against US dollar from it is spot rate of $0.43 to $0.42 in 60 days. The following interbank lending and borrowing rates: Currency Lending Rate Borrowing Rate U.S Dollar 7.0% 7.2% Mexican peso 22.0% 24.0% Assume that Ruggerman has a borrowing capacity of MXP10 million in the interbank market. Show the steps and calculate the profit could be generated from this strategy. (20 marks)