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Assume that as of 1 st March 2 0 2 4 , the spot exchange rate between the Brazilian real and the US dollar is
Assume that as of st March the spot exchange rate between the Brazilian real and the US dollar is BRL $ The consensus forecast for the US and Brazil inflation rates for the next oneyear period is and respectively. Based on the Purchasing Power Parity PPP what would you forecast the exchange rate to be at st March,
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