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In your own words, relate Interest Rate Parity to exchange rate movements; explain the relationship.
Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2012). Fundamentals of multinational finance. (IV ed., pp. 181-182). New York: Pearson.
(Moffett, Stonehill & Eiteman, 2012)
No Wiki, no dictionary.com, please cite all work.