Use Figure 20.1 to answer the following questions. Suppose interest rate parity holds, and the current six-month
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Data from figure 20.1
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US$ vs. Currency per USD US$ vs. Currency USD equiv USD equiv Country/currency Country/currency YTD % chg per USD YTD % chg Americas Europe Czech Rep. koruna .1173 8.5280 30.8 8.6 Argentina peso .04507 22.188 11.6 Brazil real .3897 2.5658 Denmark krone 1673 5.9757 10.1 1.2452 10.4 Canada dollar .8759 1.1417 7.5 Euro area euro .8031 15.8 Hungary forint Norway krone Poland zloty Chile peso Colombia peso .001642 609.1000 .00406209 246.1800 13.9 14.9 15.8 .0004511 2217 1422 7.0305 3.3598 Ecuador US dollar unch 2976 11.1 Mexico peso .0718 13.9334 6.8 Romania leu .2808 3.5617 9.5 Peru new sol .3424 2.9210 4.2 Russia ruble .01989 50.274 52.7 23.545 Uruguay peso Venezuela b. fuerte .04247 11.1 Sweden krona .1342 7.4518 15.8 Switzerland franc 15748031 6.3500 unch 1.0357 .9655 8.1 7.5 1-mos forward 1.0362 .9651 Asia-Pacific .9644 7.5 3-mos forward 1.0369 1.1755 1.1780 Australian dollar 8507 4.8 6-mos forward 1.0382 .9632 7.4 1-mos forward .8489 4.6 Turkey lira .4505 2.2200 3.3 4.6 3-mos forward .8452 1.1831 UK pound 1.5649 .6390 5.8 6-mos forward 8397 1.1909 4.7 1-mos forward 1.5646 5.5 .6391 China yuan Hong Kong dollar 6.1431 1628 1.4 3-mos forward 1.5639 .6394 5.5 unch .129 7.7546 1.5626 6-mos forward .6400 5.5 India rupee .01606 62.25095 .6 12246 Middle East/Africa Indonesia rupiah .0000817 12.6 unch Japan yen .00843 118.62 Bahrain dinar 2.6516 3771 .00844 7.1471 1-mos forward 118.54 11.2 Egypt pound 1399 2.8 3-mos forward .00844 118.49 11.2 Israel shekel .2567 3.8950 12.3 1.4187 .01109 118.37 6-mos forward .00845 11.1 Jordan dinar 7049 -.4 2951 Malaysia ringgit 3.3887 3.2 Kenya shilling Kuwait dinar Lebanon pound Saudi Arabia riyal 90.149 4.3 New Zealand dollar .7843 1.2750 4.8 3.429 2916 3.3 Pakistan rupee Philippines peso Singapore dollar .00982 .0223 101.805 -3.4 .0006612 1512.45 .5 1.2 44.905 .2665 3.7529 .1 1.3043 3.3 .7667 South Africa rand .0903 11.0695 5.5 South Korea won .0008983 1113.2 5.4 UAE dirham 2723 3.6731 unch .03226 Taiwan dollar 30.999 3.6 Thailand baht .03045 32.843 Vietnam dong .00005 21355 1.1
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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