The US inflation rate is expected to be Rs.3 per cent annually and that of India is

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The US inflation rate is expected to be Rs.3 per cent annually and that of India is expected to be 4.5 per cent annually. The current spot rate of US $ in India is Rs.47.4060/US $.Find the expected rate of US $ in India after one year and after 5 years from now using purchase power theory of exchange rate
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