Financial problems, what is called "the theoretical price of forward exchange rate is not equal to the actual price", then under such circumstances, can arbitrage activities still be carried out?
Yes, if the theoretical price of the forward exchange rate is not equal to the actual price (agreement price). Arbitrage can be carried out when a currency is overvalued or undervalued. If the actual price of a forward currency is higher than the theoretical price, that is, it is overvalued, a forward selling agreement can be signed. When it expires, the price of the currency is higher than the agreed price. You can buy the forward and sell it in the market to get the difference.