International Finance

Covered Interest Rate and Uncovered Interest Rate

Contemporary empirical analysts confirm that the uncovered interest rate parity theory is not prevalent. However, the violations are not as…

Prabhu TL

Current Account and Capital Account

All the transactions in BOP are classified into two accounts: the current account and the capital account. ●      Current account − It denotes the final net…

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Direct Intervention

Direct currency intervention is generally defined as foreign exchange transactions that are conducted by the monetary authority and aimed at…

Prabhu TL
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