What does pppt determine
Future spot exchange rates ? Am I right
And what does Irpt determine ??
Future exchange rate ??? ....what is the difference between purchasing power and interest rate power ...are these two ways to calculate same things ...future spot rates ??? Can u please clarify my concept in your simple magic words as u always do !
Thank u ..I really appreciate ur work sir ..
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Pppt and Irpt
PPP is used to forecast future spot rates.
IRP is used to calculate forward rates.
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