Interest Rate parity means relationship between the currency exchanges rates of two nations and their local interest rates, and the essential role that it plays in foreign exchange markets.
Assignment on Interest Rate Parity
![Assignment on Interest Rate Parity](https://assignmentpoint.com/wp-content/uploads/2012/05/Interest-Rate-Parity.jpg)
Interest Rate parity means relationship between the currency exchanges rates of two nations and their local interest rates, and the essential role that it plays in foreign exchange markets.