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What would be fair exchange rate in 2022 according to rppp

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Between 2000 and 2022, aggregate inflation was 60% in Europe and 13% in Switzerland. At the same time, the EUR dropped from 1 EUR = 1.61 CHF in 2000 to 1 EUR = 0.98 CHF in 2022. Based on this information, what would be the "fair" exchange rate in 2022 according to the RPPP?

Reference no: EM133662455

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