International Currency Exposure
Issues in debates about foreign currency exposure—the denomination of liabilities or assets in foreign currency.
The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchange rate f...
Issues in debates about foreign currency exposure—the denomination of liabilities or assets in foreign currency.
The foreign currency denomination of contracts in international transactions can lead to international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchange rate f...