Calculate the exchange rate between EURO INR based on the following Information. Euro GBP 0.8800- 0.8820 INR GBP 0.100- 0.130 the exchange rate between Euro and INR -> 1.0023 = 1.3000 and =1.3000/1.0023 So, 1 Euro = INR 1.2970 Q3b. If the expected three months future interest rate in European Union and India are 2% and 6% respectively. three months expected inflation rate in European Union and India 5% and 7% respectively. Calculate the three months forward quotation based between EURO GBP based on this.
