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I am calculating implied interest rates using covered interest rate parity theorem. I am looking at the Australian US currency pair. When evaluating day counts, should I be using Actual/365 for Australia and Actual/360 for US?

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up vote 6 down vote accepted

OpenGamma has a good resource for market conventions.

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That's all I was looking for thanks. Surprisingly hard to find on Google. – user2209979 Aug 24 '13 at 2:22

Correct, USD libor is based on act/360, AUD on act/365 for currencies.

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