Assume the spot exchange rate is 622 chinese yuan per us
Assume the spot exchange rate is 6.22 Chinese yuan per U.S. dollar. If the inflation rate in China is expected to be double that in the U.S. for the next two years, then what will happen to the yuan in comparison to the dollar?
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assume the spot exchange rate is 622 chinese yuan per us dollar if the inflation rate in china is expected to be double
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