Calculate forex forward exchange rates based on interest rate differentials
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Calculate the theoretical forward exchange rate using interest rate parity.
90-Day Forward Rate
1.05325
This calculator uses the Interest Rate Parity (IRP) formula: F = S * (1 + (Rd * T)) / (1 + (Rf * T))
Where T = Days / 360. If the forward rate is higher than the spot rate, the currency is trading at a "forward premium." If lower, it is at a "forward discount."