If British interest rates are lower than those of the United States,the pound shows a forward discount which means the forward rate is less than the spot rate.

Name: If British interest rates are lower than those of the United States,the pound shows a forward discount which means the forward rate is less than the spot rate.
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The Answer of If British interest rates are lower than those of the United States,the pound shows a forward discount which means the forward rate is less than the spot rate.

If British Interest Rates Are Lower Than Those of the United