Question: b) Based on the theories outlined in your study on International Parity Conditions, briefly outline (in no more than 300 words) which theory/s do you

b) Based on the theories outlined in your study on International Parity Conditions, briefly outline (in no more than 300 words) which theory/s do you believe best explain the movement of the exchange rates shown in Figures 1 and 2. You should justify your answer with any appropriate references / evidence.

Hi, you have provided a solution to USD and Euro but Im not confident in the answer as my images are USD and chinese renminbi and the Turkish lira and chinese Renminbi

b) Based on the theories outlined in your study on International Parity

Conditions, briefly outline (in no more than 300 words) which theory/s do

TRY to CNY Chart - 78.73% (5Y) - 1 TRY =0.360919 CNY Jan 23, 2023, 05:32 UTC Turkish Lira to Chinese Yuan Renminbi Source: Developed from US Dollar to Chinese Yuan Renminbi Exchange Rate Chart | Xe TRY to CNY Chart - 78.73% (5Y) - 1 TRY =0.360919 CNY Jan 23, 2023, 05:32 UTC Turkish Lira to Chinese Yuan Renminbi Source: Developed from US Dollar to Chinese Yuan Renminbi Exchange Rate Chart | Xe

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