explain briefly what the covered interest parity
Explain briefly what the covered interest parity (CIP) and uncovered interest parity (UIP) arbitrage conditions are and how they operate as equilibrium conditions for the spot and futures foreign exchange (FX) markets.
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explain briefly what the covered interest parity cip and uncovered interest parity uip arbitrage conditions are and how they operate as equilibrium
the complete lung-run model for exchange rate determination posits that changes in the nominal interest rate also affect the exchange rate e recall
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