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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
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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