18.2) The spot rate is 368.45 Hungarian Forints to the Euro. Expected inflation rates are 4% in Hungary and 2% per annum
Posted: Thu May 19, 2022 12:06 am
18.2) The spot rate is 368.45 Hungarian Forints to the Euro. Expected inflation rates are 4% in Hungary and 2% per annum in the rest of Europe (Euroland). What is 2 the 180-day forward rate of Hungarian Forints per Euro using the formula for relative purchasing power parity? (Answer rounded to two decimals.)