Question: The current USD / TRY exchange rate was 2 9 . 9 0 when the inflation expectation for the current year was 2 5 %

The current USD/TRY exchange rate was 29.90 when the inflation expectation for the current year was 25%, the expected real interest rate for the TRY was 0.08, the forward premium in USD/TRY for one year was 0.28, and the USD interest rate for one year was 5%. What would the new spot exchange rate be in accordance with Fisher theory if the inflation expectation shifts from 25% to 30% in Turkey?

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