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Interest Rate Parity
(redirected from IRP)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
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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You can also apply direct to the IRP if the local resolution stage is taking too long.
Thromboplastin reagents that are used in the laboratory are not calibrated directly against the IRP but, rather, are calibrated against secondary standards held by the manufacturers.
In a letter to Mr Johnson, the IRP says the ambulance service's plans would have no overall negative effect on emergency planning in the Tees Valley.
 
 
 
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