| Dictionary (text version) | Products & Services | News | Support |
About | Contacts
|
|
|---|---|---|---|
Financial Glossary |
|
|
| Copyright © 2004 itlocus.com. All rights reserved | Privacy
Policy |
|
Covered interest arbitrage - A portfolio manager invests dollars in an instrument denominated in a foreign currency and hedges his resulting foreign exchange risk by selling the proceeds of the investment forward for dollars.