interest rate parity

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Interest Rate Parity

A theory stating that the difference between interest rates in two countries is the difference between the foreign exchange rate and the spot rate of their two currencies. According to this theory, when one makes two fixed investments in two different currencies, the return on both investments are the same even though interest rates may be different in absolute terms. See also: Purchasing power parity.

interest rate parity

The interrelationship between currency exchange forward rates and spot rates that result from interest rate differentials. If interest rates are higher in the United States than in a foreign country, the forward dollar value of the foreign currency will exceed the spot dollar value of the foreign currency.
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Over the coming weeks, Health and Overview Scrutiny Committees and MPs in England and Wales will be invited to share their views and any new evidence they may have with the IRP.
IRP kits are available with single, dual, and triple emitters that can be easily expanded to control multiple electronics, and emitter extension cables can be added for longer runs without any degradation in the signal.
During this time I wrote blog posts for the Register and IRP, and then in December, my stories were published as "Renewal in Rwanda" a four-part series in the Register and on our Web site as well as the IRP's.
Our collaborative IRP process guides us in that respect.
The IRP project will be an interactive effort across Pfizer," says Hensley.
The IRP selects 12 journalists twice a year to travel for up to two weeks on a fact-finding trip usually in the developing world.
The purpose of the IRP is to present a plan on how to meet Burbank's future electric needs," said Bruno Jeider, the author of the report, at BWP's headquarters near downtown.
The newly designed IFP (fixed) and IRP (rotated) pulverizers use the latest technology and high-grade materials to withstand higher pressure levels, wear, and abrasion.
Under the terms of the agreement, CMSA retains its ownership of the CMSA IRP and remains the venue for continued development and promotion of its future updates.
VisualSoft Technologies Ltd is the latest Indian software services company to announce plans to move into business process outsourcing, and said it intends to invest between IRP 300m ($6.
The IRP, approved by Congress, provides a uniform system for registering commercial trucks in the 48 contiguous states and some Canadian provinces.
In October 2000, the civilian portion of the IRP was transitioned to the Department of Justice's Office of State and Local Domestic Preparedness Support.