Question
A major Saudi multinational firm has forecast the SAR/KWD rate to be KWD 0.080/SAR one year hence, and an exchange rate of AED 12.17 for
A major Saudi multinational firm has forecast the SAR/KWD rate to be KWD 0.080/SAR one year hence, and an exchange rate of AED 12.17 for the Kuwaiti Dinar (KWD) in the same time period. What does this imply the company's expected rate for the Arab Emirates Dirham (AED) per Saudi Riyal (SAR) to be in one year?
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Production And Operations Analytics
Authors: Steven Nahmias, Tava Lennon Olsen
8th Edition
1478639261, 9781478639268
