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
Posted: Fri Mar 04, 2022 9:35 am
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?
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?