The current spot rate is RUB 85.695/EUR. If the Russian ruble (RUB) depreciates against the euro (EUR) by 8.43% over the
Posted: Mon Jan 17, 2022 8:08 am
The current spot rate is RUB 85.695/EUR. If the Russian ruble (RUB) depreciates against the euro (EUR) by 8.43% over the coming period, then what will be the new end-of-period spot rate? a. RUB 99.670/EUR b. RUB 88.958/EUR C. RUB 93.584/EUR d. RUB 92.919/EUR e. RUB 78.471/EUR