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Another unique factor in forex trading is Interest, or carry. Each currency pair has an interest payment or charge associated with holding the position long ... We simplify your financial learnings. Subscribe here to learn more of Strategic Financial Management: https://goo.gl/HTY5SN CA Final SFM Fast Track Course:... http://bit.ly/CAMayankKothariTelegramChannel A major determinant of foreign exchange rates is the interest rate differential between 2 currencies. For more information visit https://www.investopediapro.com How a change in relative interest rates change financial capitl flows FOR PEN DRIVE CLASSES CONTACT NO. 6261676836, 9977223599, 9977213599 E-MAIL- [email protected] How Interest Rate Differentials (IRD) Work. How Interest Rate Differentials (IRD) Work. Skip navigation Sign in. Search . Loading... Close. This video is unavailable. Watch Queue Queue. Watch ...