According to the international fisher effect ife the
The interest rate in the U.K. is 7%, while the interest rate in the U.S. is 5%. The spot rate for the British pound is $1.50. According to the international Fisher effect (IFE), the British pound should adjust to a new level of?
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the interest rate in the uk is 7 while the interest rate in the us is 5 the spot rate for the british pound is 150
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