interest rate parity theory

基本解释

Interest-Rate-Parity Theory expound the relationship of the changes of exchange rate and interest rate.
利率平價理論闡述了滙率變動與利率變動的關系。
Interest rate parity theory is the basic theory describing the decisive role of divergence in domestic and foreign interest rates to currency exchange rate of a country.
利率平價理論是闡述國內外利率水平差異對一國貨幣滙率起決定作用的基本學說。
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After explaining the covered and uncovered Interest Rate Parity theory, the author uses them to examine the RMB' exchange rate again, and come to a conclusion as the same as the previous PPP theory.
在介紹了拋補利率平價和未拋補利率平價理論之後，也對人民幣滙率進行了實証分析，同樣得出了利率平價對滙率變動的解釋能力較差的結論。