The Uncovered Interest rate Parity- A Literature Review
| dc.contributor.author | Nirmali, H. | |
| dc.contributor.author | Rajapakse, R.P.C.R. | |
| dc.date.accessioned | 2017-10-17T12:09:41Z | |
| dc.date.available | 2017-10-17T12:09:41Z | |
| dc.date.issued | 2016 | |
| dc.description.abstract | Attached | en_US, si_LK |
| dc.description.abstract | Interest rates and exchange rates are considered to be one o f the m ost discussed areas in International Finance. When considering the m ain theories that explore on these two variables, U ncovered Interest Rate Parity (UIP) states that the interest rate differential is an unbiased predictor o f the spot exchange rate changes. The im pact on investors ’ attitude is that they w ould be indifferent towards the returns on dom estic and foreign assets denom inated in same currency thereby elim inating any short term arbitrage profits. Studies o f this nature are ofsignificance in the case o f Sri Lanka, as a country which is trade dependent accurate forecasts o f exchange rates w ould be o f immense importance. H ow e this study focuses on reviewing w hat is revealed by literature so fa r and what is not | |
| dc.identifier.citation | Nirmali, H., Rajapakse, R.P.C.R. (2016). "The Uncovered Interest rate Parity- A Literature Review", Imperial Journal of Interdisciplinary Research (UIR), Vol.2 (6), pp. 1346-1352 | en_US, si_LK |
| dc.identifier.issn | 2454-1362 | |
| dc.identifier.uri | http://dr.lib.sjp.ac.lk/handle/123456789/5865 | |
| dc.language.iso | en_US | en_US, si_LK |
| dc.publisher | Imperial Journal of Interdisciplinary Research (UIR) | en_US, si_LK |
| dc.subject | Interest Rates | en_US, si_LK |
| dc.subject | Exchange Rates | en_US, si_LK |
| dc.subject | Uncovered Interest Rate Parity (UIP) | en_US, si_LK |
| dc.title | The Uncovered Interest rate Parity- A Literature Review | en_US, si_LK |
| dc.type | Article | en_US, si_LK |