Forward Exchange Rates Explained in 5 Minutes

Ryan O'Connell, CFA explains the following topics in 5 minutes as they relate to Forward Exchange Rates:

0:00 - Spot Exchange Rates
0:30 - Forward Exchange Rates and Forward Contracts
1:22 - Interest Rate Parity Formula
2:18 - Solving for the Forward Exchange Rate
4:01 - Interest Rate Parity Explained