Journal Article
External debt sheds light on drivers of exchange rate fluctuations
Abstract: During a financial panic, a major driver of exchange rate fluctuations is a country?s amount of external debt, or funds borrowed from foreign lenders. However, not all debt has the same impact on rate movements.
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Economic Letter
Publication Date: 2015-04
Volume: 10
Issue: 4
Pages: 1-4