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Business, 21.04.2020 16:50 icantdomath6303

The exchange rate at the beginning of a year between the Indian Rupee (R) and the U. S. dollar is R43.125/$. The annual inflation rates in India and in the United States are 19 percent and 3 percent respectively. What would be the new exchange rate at the end of the year? R37.327/$ R0.0267/$ R49.8224/$ $37.327/R

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The exchange rate at the beginning of a year between the Indian Rupee (R) and the U. S. dollar is R4...
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