A year ago, the exchange rate of the foreign currency Australia dollar (A$) against the home currency

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A year ago, the exchange rate of the foreign currency Australia dollar (A$) against the home currency Malaysian ringgit (MYR) was MYR 5.3975/A$. After one year, pointJin the following graph represents that the change of exchange rate does not perfectly offset interest rate differentials where ihand ifis the interest rate of MYR and A$, respectively. What is the spot rate of the Australian dollar against Malaysian ringgit (MYR/A$)?(enter 4 decimal places number with no sign and symbol)

in - if (%) 5 IFE line 3 % A in the foreign 3 5 currency's spot rate OH 4 -3 DOG -5

Posted Date: Jun 25, 2024 04:30 PM

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A year ago, the exchange rate of the foreign currency Australia dollar (A$) against the home currency

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