The risk-free rate is 2.93% in England and 6.06% in Thailand. The exchange the between British pounds. pound. You can trade a one-year forward contract to exchange the currency for the one at 407 arbitrage by either borrowing 1,000,000 pounds and then investing that money in Thailand of borrowing panta investing that money in England. There are no transaction costs. In British pounds, what is your attirage ration:coure investing/borrowing rate of England to that of Thailand