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The effect of foreign debt on currency values

✍ Scribed by Richard A. Ajayi; Jongmoo Jay Choi


Book ID
116096167
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
579 KB
Volume
45
Category
Article
ISSN
0148-6195

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## Abstract Starting from the constraints and incentives that cause countries to issue debt in foreign currency, this paper provides an overview of policy approaches for choosing the optimal currency structure of sovereign foreign‐currency debt. The objective of sovereign debt managers generally in