Purchasing card and Purchasing power parity: Difference between pages

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A card issued by non-bank organisations to allow the holder to pay for general procurement.  
Purchasing power parity theory predicts that differences in periodic inflation rates will be offset and exactly matched by the change in the spot foreign exchange rate between the two related currencies over time.


Also known as a procurement card.


== See also ==
* [[Absolute purchasing power parity]]
* [[Carry trade]]
* [[Expectations theory]]
* [[Fisher Effect]]
* [[Four way equivalence model]]
* [[Interest rate parity]]
* [[International Fisher Effect]]


==Other links==
[[Category:The_business_context]]
[http://www.treasurers.org/node/9928 The power of P-cards, Rupert Walker, The Treasurer, May 2014]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 21:42, 10 October 2020

Purchasing power parity theory predicts that differences in periodic inflation rates will be offset and exactly matched by the change in the spot foreign exchange rate between the two related currencies over time.


See also