What would you expect the spot rate for pound to be one year

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One-year interest rates are currently 1.5% in the United States and 4.8% in Great Britain. The current spot rate between the pound and the dollar is $1.85/£. What would you expect the spot rate for the pound to be one year hence if you believe in the international Fisher effect?

Reference no: EM131306402

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What would you expect the spot rate for pound to be one year : One-year interest rates are currently 1.5% in the United States and 4.8% in Great Britain. The current spot rate between the pound and the dollar is $1.85/£. What would you expect the spot rate for the pound to be one year hence if you believe in the..
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