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Suppose that interest rates in the US and South frica are 5% and 10% respectively. If interest rates in the US are expected to decrease

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Suppose that interest rates in the US and South frica are 5% and 10% respectively. If interest rates in the US are expected to decrease to 3%p.a, will there be an appreciation or a depreciation of the South African Hand and what Iwill the adjusted USDIZAH exchange rate be, if the current spot exchange rate is 14.GDEAR? 13.083155 r: H 13.?3EA 1": Fl 14.2829. .11 :U 14.98315. .1 :U

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