Personal Investment Guide

1. Suppose that money supply growth continues to be higher in Turkey than it is in the United States. What does purchasing-power parity imply will happen to the real and nominal exchange rate?
2. Suppose that the Philippine government budget deficit falls. What curves in th open-economy macroeconomic model shift? Show graphically what happens to the [...]

Please read my question in the following context.
USD to Indian Rs (INR) exchange rate is approx 1:44 however as per the PPP (Purchasing Power Parity) the real rate is 1:10. This is controleed by Indian govt. However they are working on a 5 year plan to make the Indian currency fully convertible. Does that mean [...]