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From 2008 through 2014, the US government maintained interest rates at extremely low levels. Assuming that interest rate parity (IRP) existed over that time period,
From 2008 through 2014, the US government maintained interest rates at extremely low levels. Assuming that interest rate parity (IRP) existed over that time period, discuss what the US interest rate conditions imply about the forward rate of other currencies over the same period.
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