Examlex
What has happened in China since the adoption of capitalism?
Spot Rate
The present market value at which a specific currency can be purchased or exchanged for instant delivery.
Interest Rate Parity
A theory stating that the difference in interest rates between two countries is equal to the difference between the forward exchange rate and the spot exchange rate.
Spot Rate
The current market price of a foreign currency, commodity, or security for immediate delivery or settlement.
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