Currently the spot exchange rate is 1533 per pound usdgbp
Currently the spot exchange rate is $1.533 per pound (USD/GBP). The interest rate in the UK is 6%. The one-year forward exchange rate is $1.5200/GBP. If interest rate parity holds, what must be the US interest rate for the same period?
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currently the spot exchange rate is 1533 per pound usdgbp the interest rate in the uk is 6 the one-year forward
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