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You are given the following information: Spot rate : Rs. 57.78/ 6-month forward rate : Rs. 58.37/ The inflation rate in India is 5.00%, calculate
You are given the following information:
Spot rate : Rs. 57.78/
6-month forward rate : Rs. 58.37/
The inflation rate in India is 5.00%, calculate the inflation rate in the Euro Zone assuming that the PPP holds good even for the short run.
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