Ruble versus dollar exchange rate


Suppose the rate of inflation in Russia will run about 3% higher than the U.S. inflation rate over the next several years. All other things being the same, what will happen to the ruble versus dollar exchange rate? What relationship are you relying on in answering?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Ruble versus dollar exchange rate
Reference No:- TGS052236

Expected delivery within 24 Hours