Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What do you understand by the term "INTEREST RATE PARITY"?

user-image
Question added by Deleted user
Date Posted: 2014/08/09
CA. Mohammad Jawed Ansari
by CA. Mohammad Jawed Ansari , Assistant Manager (Finance & Accounts) , West Bengal State Electricity Distribution Company Limited

Same as Purchasing Power parity of monetory currency of every country, there is a concept of Interest rate Parity Theory where it is considered that borrowing and lending rate in different countries remains the same as per the exchage rate two countries currencies share.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.