International Finance

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FOR NYANYA:

 

DUE:  01/28/2015, Wednesday  09:00

 

Answer should be complete and concise and should be at least 150 words.

 

As usual - direct to the point and concise answer is requested. 

 

Answer should be in the context of foreign exchange markets and/or foreign exchange rates.

 

QUESTION:

 

What is the relationship between interest differentials AND forward discount or premium?

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