An Australian fruit exporter has delivered apples to India and will receive 1 million Indian rupees (INR)

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An Australian fruit exporter has delivered apples to India and will receive 1 million Indian rupees (INR) in one year. The exporter expects that the value of the INR willappreciateto 0.2878 against the Australian dollar from today's spot rate of 0.2186 in one year.How much Australian dollar the exporter will make a profit or loss due toappreciationof INR after one year? (enter the whole number with no sign or symbol)

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Posted Date: Jun 25, 2024 04:31 PM

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An Australian fruit exporter has delivered apples to India and will receive 1 million Indian rupees (INR)

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