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Based on the historical movement of AUD/EUR exchange rate, predict what the rate will be on 31 December 2021 (3 months from now). b) Discuss

Based on the historical movement of AUD/EUR exchange rate, predict what the rate will be on 31 December 2021 (3 months from now).

b) Discuss the effect of Purchasing Power Parity on AUD/EUR exchange rate on 31 December 2021. (What key points should be mentioned when answering this question?)

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