The current spot exchange rate is HUF266/$1.00. Long-run inflation in Hungary is estimated at 10 percent annually and 3
Posted: Sun Jun 05, 2022 9:58 am
The current spot exchange rate is HUF266/$1.00. Long-run
inflation in Hungary is estimated at 10 percent annually and 3
percent in the United States. If PPP is expected to hold between
the two countries, what spot exchange rate should one forecast five
years into the future? (Round your answer to 2 decimal places.)
Future spot exchange rate:???
inflation in Hungary is estimated at 10 percent annually and 3
percent in the United States. If PPP is expected to hold between
the two countries, what spot exchange rate should one forecast five
years into the future? (Round your answer to 2 decimal places.)
Future spot exchange rate:???