Assertion: rate parity | /r/HasProperty | theory
Facets:
Source sentences:
text: The interest rate parity (IRP) is a theory regarding the relationship between the spot exchange rateSpot PriceThe spot price is the current market price of a security, currency, or commodity available to be bought/sold for immediate settlement.
text: Interest Rate Parity (IRP) is a theory in which the differential between the interest rates of two countries remains equal to the differential calculated by using the forward exchange rate and the spot exchange rate techniques.