Question: What does the forward exchange rate you have calculated or observed indicate? Where do you think that difference comes from between the forward and spot

What does the forward exchange rate you have calculated or observed indicate? Where do you think that difference comes from between the forward and spot price?

TWD

Current price aka spot price: $27.84

Forward price 1 year: none

find out the forward premium on this foreign currency P=((1+ Home country interets rate)/(1+ Foreign interest rate))-1, Calculate P

https://tradingeconomics.com/taiwan/bank-lending-rate

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