Why might covered interest parity fail to hold when, Microeconomics

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Why might covered interest parity fail to hold when

The text points out that covered interest parity holds quite closely for deposits of differing currency denominations issued in a single financial center. Why might covered interest parity fail to hold when deposits issued in different financial centers are compared?

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Microeconomics: Why might covered interest parity fail to hold when

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Microeconomics: Why might covered interest parity fail to hold when

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