PART B Q1. The spot rates of all currencies against the Saudi Arabian Riyal and Euro are reported in the following:- Spot rate against Saudi Arabian Riyal (in Riyals) MYR THB Singapore Euro. Vietnamese dollar Dong 0.89 0.11 0.74 4.32 0.000046 Spot rate against Euro (in Euros) MYR THB Saudi Riyal Vietnamese Singapore dollar Dong 0.21 0.027 0.68 0.23 0.00004 Assume that all the currencies are expected to depreciate by 2.5 percent in one month against the Euro. On the other hand, MYR, Singapore dollar, and Vietnamese Dong will depreciate by 1 percent, while THB will appreciate by 1 percent against Saudi Riyal. The forward rates of all currencies against the Euro will follow the movement of the spot rate with a discount of 2.3 percent in one month. a) Based on the above information, how much will the Euro appreciate or depreciate against Saudi Riyal in one month? PART B Q1. The spot rates of all currencies against the Saudi Arabian Riyal and Euro are reported in the following:- Spot rate against Saudi Arabian Riyal (in Riyals) MYR THB Singapore Euro. Vietnamese dollar Dong 0.89 0.11 0.74 4.32 0.000046 Spot rate against Euro (in Euros) MYR THB Saudi Riyal Vietnamese Singapore dollar Dong 0.21 0.027 0.68 0.23 0.00004 Assume that all the currencies are expected to depreciate by 2.5 percent in one month against the Euro. On the other hand, MYR, Singapore dollar, and Vietnamese Dong will depreciate by 1 percent, while THB will appreciate by 1 percent against Saudi Riyal. The forward rates of all currencies against the Euro will follow the movement of the spot rate with a discount of 2.3 percent in one month. a) Based on the above information, how much will the Euro appreciate or depreciate against Saudi Riyal in one month