You are a US investor who would like to speculate on the Saudi Riyal. You would like to forecast the spot rate of the Saudi Riyal one year from now todeterminewhat strategy to use. To forecast the Saudi Riyal you will use the forward rate to forecast the spot rate. The one year forward rate of the Saudi Riyal is $0.29. Today's spot rate of the Saudi Riyal is $0.27. The spot rate forecasted for one year ahead is expected to increase or decrease by:

Select one:

a.-7.41%

b.-6.90%

c.6.90%

d.7.41%