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The inflation rate in the U . S . is 2 . 8 0 % , while the inflation rate in India is 6 .

The inflation rate in the U.S. is 2.80%, while the inflation rate in India is 6.50%. The current exchange rate for the Indian rupee is $0.019. After supply and demand for the Indian rupee has adjusted in the manner suggested by purchasing power parity, the new exchange rate for the Indian rupee will be:
Question 28 options:
$0.0178.
$0.0197.
$0.0183.
$0.0202.

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