Interest-Rate-Parity Theory expound the relationship of the changes of exchange rate and interest rate.

利率平价理论阐述了汇率变动与利率变动的关系。

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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.

利率平价理论是阐述国内外利率水平差异对一国货币汇率起决定作用的基本学说。

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