1. If spot rate is 1 pound = 40 baht, bath will appreciate by 5%. What will be the new exchange rate? 2. If spot rate is

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answerhappygod
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1. If spot rate is 1 pound = 40 baht, bath will appreciate by 5%. What will be the new exchange rate? 2. If spot rate is

Post by answerhappygod »

1. If spot rate is 1 pound = 40 baht, bath will appreciate by
5%. What will be the new exchange rate?
2. If spot rate is 1$ = 32 baht, the forward rate is 1$ = 35
baht.
A. Which currency is depreciation?
B. What is the percentage change?
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