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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IRP operates a total of 9 underground and surface coal mines in southern West Virginia and eastern Kentucky.
IRP also looks forward to future film and television projects that are currently in the works.
Feedback from similar public IRP stakeholder forums in 2008 served as a starting point for an in-depth series of technical workgroups.
Best Bearish Calls identifies IRPs whose sell calls most underperformed their coverage, scaled by their aggressiveness in making bearish recommendations.
The IRP was built to scale easily with multiple airline structures to provide the flexibility customers demand while adding new revenue.
The 2009 IRP also underscores PSE's commitment to developing more renewable-energy resources, primarily wind power.
This award recognizes the top two IRPs who were most consistently bearish on this subset of companies.
IRP Solutions had what the government was looking for, but all signs point to the fact that the government wasn't willing to pay for it, so they went about attempting to obtain it illegally, much like what happened to Inslaw," suggests Stewart.
IRP leader also criticized some of the members of the Tajik Academy of Sciences, who live at the expense of the taxpayers but do not do anything for the development of Tajik science.
President MCCI, Mian Iqbal Hassan, while appreciating the steps of IRP said that the project would encourage researchers in the country.
Kirklees Council leader Clr David Sheard moved an amendment and said the council should accept whatever the IRP advised, which meant a PS4,911 hike per councillor.