外汇资产需求和利率平价.pptVIP

Ch14.2 The demand for Foreign Currency Assets and Interest Parity (此部分在英文书的P334—P347) Demand for Foreign Currency Assets The demand for a foreign currency bank deposit is influenced by the same considerations that influence the demand for any other asset. What will the deposit be worth in the future? ① the interest rate ② expected change in the currency’s exchange rate against other currency Asset return the percentage increase in value it offers over some time period. Your decision must be based on an expected rate of return. the expected real rate of return. Risk and Liquidity Risk: the var