Suppose the spot rate is $6\mathrm{.}00$ Lithuanian Litas to the Mexican Peso. Suppose the interest rate over the next year in Mexico is $8\%,$ and in Lithuania is $2\mathrm{.}88\%.$ What should one year forward rate between these two currencies? Suppose we expect Lithuanian inflation to be $1\mathrm{.}6\%$ over the next year, what would we expect the inflation rate in Mexico to be over that same time period?