Q. The current spot rate for the Euro is Rs. 86,the expected inflation rate is 5 in India and 3in Europe. What is the expected Spot Rate of Euro one year hence? (Solved)
1. Rs. 87.67/Euro
2. Rs. 84.36/Euro
3. Rs. 86/Euro
4. Rs. 93/Euro
- a. Rs. 87.67/Euro