The interest rate in the uk is 2 while the interest rate in


The interest rate in the U.K. is 2%, while the interest rate in the U.S. is 1.5%. The spot rate for the British pound is $1.45. According to the international Fisher effect (IFE), what is new level of the British pound?

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Financial Management: The interest rate in the uk is 2 while the interest rate in
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