Examlex
Angiotensin II acts on the kidney to retain more sodium.
Interest Rate Parity
An economic theory stating that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.
Unbiased Forward Rates
Financial theory suggesting that forward exchange rates should be an unbiased predictor of future spot exchange rates.
Covered Interest Arbitrage
An investment strategy that involves exploiting the interest rate differential between two countries while using forward contracts to hedge against currency risk.
Eurobonds
International bonds issued in a currency not native to the country where it is issued, allowing companies to raise capital in a foreign currency.
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