| http://www.w3.org/ns/prov#value | - by WendyW ?? Fri Jul 26, 2013 11:44 am Differences in nominal interest rates reflect the expected depreciation of the foreign currency.If Indian interest rates are higher than U.S. interest rates by 8%, it is presumably because the rupee is expected to depreciate by 8% per year versus the USD over the next 5 years.You should end up with the same number of USD in a year (or 5 years) whether you put
|
