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Answer the following questions based on this information: Beginning of the year Spot rate of GBP =1.596 USD per GBP Spot rate of AUD =0.70

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Answer the following questions based on this information: Beginning of the year Spot rate of GBP =1.596 USD per GBP Spot rate of AUD =0.70 USD per AUD Cross exchange rate 2.28AUD=1GPB One-year forward rate of AUD =0.71 USD per AUD One-year forward rate of GBP=1.58004 USD per GBP One-year U.S. interest rate =8.00% One-year British interest rate =9.09% One-year Australian interest rate =7.00% Rssume that the pound's depreciation over the year was attributed directy to central bark inservention. Explain the type of direct intervention that world place oowneard preasure ent the valus of the pound. Answer the following questions based on this information: Beginning of the year Spot rate of GBP =1.596 USD per GBP Spot rate of AUD =0.70 USD per AUD Cross exchange rate 2.28AUD=1GPB One-year forward rate of AUD =0.71 USD per AUD One-year forward rate of GBP=1.58004 USD per GBP One-year U.S. interest rate =8.00% One-year British interest rate =9.09% One-year Australian interest rate =7.00% Rssume that the pound's depreciation over the year was attributed directy to central bark inservention. Explain the type of direct intervention that world place oowneard preasure ent the valus of the pound

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