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Given the following information, what is the rate of change in the exchange rate between (GBP) and (JPY) according to the International Fisher Effect? GBP

image text in transcribed Given the following information, what is the rate of change in the exchange rate between (GBP) and (JPY) according to the International Fisher Effect? GBP appreciates by 3.0196\%. JPY appreciates by 3.08%. Since the real interest rates are same, there won't be any changes in the exchange rate. JPY appreciates by 3.0196\%. GBP appreciates 3.08\%. Given the following information, what is the rate of change in the exchange rate between (GBP) and (JPY) according to the International Fisher Effect? GBP appreciates by 3.0196\%. JPY appreciates by 3.08%. Since the real interest rates are same, there won't be any changes in the exchange rate. JPY appreciates by 3.0196\%. GBP appreciates 3.08\%

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