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assume an initial exchange rate of $.30/INR at the start of the year that goes to $.309/INR by the end of the year. Initial exchange

assume an initial exchange rate of $.30/INR at the start of the year that goes to $.309/INR by the end of the year. Initial exchange rate of $1.25/ that goes to $1.20/ by the end of the year. Calculate the /INR cross exchange rate at the start of the year and at the end of the year. Whats the percentage appreciation or depreciation we see in the /INR exchange rate?

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