Fisher Effect (CIP) Illustration 5
1 GBP = USD 1.6400 Spot and 6 months forward rate is 1 GBP = USD 1.6480. Find interest rate in Britain if interest in US of A is 5%; as per international fischer effect.
(Ans.: 4%)
Â
Fisher Effect (CIP) Illustration 5
1 GBP = USD 1.6400 Spot and 6 months forward rate is 1 GBP = USD 1.6480. Find interest rate in Britain if interest in US of A is 5%; as per international fischer effect.
(Ans.: 4%)
Â
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