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Business, 25.03.2020 18:49 caseyheaton

Nominal interest rates in Cyprus are 7%, while nominal interest rates in the U. S. are 5%. The spot rate for the Cyprus pound (CYP) is $1.50. According to the international Fisher effect (IFE), the Cyprus pound should adjust to a new level of:

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Nominal interest rates in Cyprus are 7%, while nominal interest rates in the U. S. are 5%. The spot...
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