Forecast the daily value of the foreign currency in units of MYR.

Do you think the market-based forecast will predict an appreciation, depreciation, or no change in the value of foreign currency based on your forecast ? Why? Use one possible reason to validate this prediction. (15 marks) (Hint: To answer this question, you can use current economic conditions in either the foreign country or Malaysia that are related to one of the exchange rate determinants.

27/10/2018 15/05/2019 -0.05 -0.1 -0.15 -0.2 -0.25 -0.3 -0.35 -0.4 01/12/2019 FLSt 18/06/2020 04/01/2021 Manim 23/07/2021 08/02/2022 27/08/2022 C 27/10/2018 15/05/2019 -0.05 -0.1 -0.15 -0.2 -0.25 -0.3 -0.35 -0.4 01/12/2019 FLSt 18/06/2020 04/01/2021 Manim 23/07/2021 08/02/2022 27/08/2022 C