Question
if inflation in the U.S is projected at 3% annually for the next year and at 8% annually in Mexico for the same period, and
if inflation in the U.S is projected at 3% annually for the next year and at 8% annually in Mexico for the same period, and the spot rate is currently at 10.20 pesos/$, the the purchasing power parity implies that the spot rate one year from now is (rounded):
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Broken Markets A Users Guide To The Post Finance Economy
Authors: Kevin Mellyn
1st Edition
1430242213, 978-1430242215
