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Sir if Usa has interest rate of 6% and and uk has 2% would uk strengthen or weaken in value?
Watch my free lectures on the forecasting of exchange rates, and then tell me what you think (and I will then tell you whether or not I agree with you 🙂 ).
(and read again my reply to one of your earlier questions: https://opentuition.com/topic/regarding-intrest-rate-parity/ )
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