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a) The USD to Indian Rupee exchange rate in January 2020 was 71.04 Indian Rupees per dollar. Investigate how much is the current exchange rate

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a) The USD to Indian Rupee exchange rate in January 2020 was 71.04 Indian Rupees per dollar. Investigate how much is the current exchange rate and answer: 1.1 Has the Indian Rupee depreciated or appreciated versus the USD? 1.2 How much in \% has the Indian Rupee depreciated or appreciated versus the USD? 1.3 You are planning to go to New Delhi for a short vacation this January. A Maharaja Mac 1costs in New Delhi 190 rupees, in USA the Big Mac costs $5.65. Will you find New Delhi expensive or cheap compared with USA? And why

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