What is the Carry Trade?

There is a sector of the banking and investment industry that attempts to make money form the interest rate differences between countries. However, this practice, The Carry Trade, is not supposed to be possible. Professor Chadha, the Gresham Professor of Commerce introduces the theory and the practice and explains what's happening.

Jagjit Chadha

Professor Jagjit Chadha

Mercers’ School Memorial Professor of Business

Jagjit Chadha was the Mercers’ School Memorial Professor of Commerce at Gresham College from 2014-2018.

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