If a currency's forward price in U. S. dollars is higher than the spot price, interest rates are higher in the foreign country than they are in the U.S.

Name: If a currency's forward price in U. S. dollars is higher than the spot price, interest rates are higher in the foreign country than they are in the U.S.
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The forward price being higher than the spot price suggests that the U.S. interest rates are higher than those in the foreign country, according to the Interest Rate Parity theory.

If a Currency's Forward Price in U