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International Finance 3- Sri Lanka Rupee (SLRs) fluctuates in recent times due to its economic situation. The Sri Lanka Rs trading in December 2020 at

International Finance
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3- Sri Lanka Rupee (SLRs) fluctuates in recent times due to its economic situation. The Sri Lanka Rs trading in December 2020 at SLRs 181.5/$. The Sri Lanka Rs. is expected to appreciate by 7% in 2021. (1.5) a- What will be the exchange rate after appreciation of the Sri Lankan currency? b- What will be the percentage change of Sri Lanka currency if, on March 31, 2021, it is trading at SL Rs 179.9/S

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