![](https://cos-cdn.shuashuati.com/pipixue-web/2020-1231-2005-12/ti_inject-812ce.png)
Suppose the following facts (not all of which are relevant to the answer): • Yesterday the exchange rate between the British pound and the US dollar was 2.00 £/$. • The interest rate in the U.S. is 6% per year. • The rate of inflation in the U.K. is 1% per year. • The public expects the exchange rate tomorrow to be 1.92 £/$. • The rate of inflation in the U.S. is 3% per year. • The interest rate in the U.K. is 5% per year. • The U.S. bilateral trade deficit with the U.K. is 2% of U.S. GDP. Then according to the asset theory of exchange rate determination, the exchange rate today should be approximately