Foreign currency debt is widely believed to increase risks of financial crisis, especially after being implicated as a cause of the East Asian crisis in the late 1990s. In this paper, we study the ...

What is the role of foreign currency debt in precipitating financial crises? In this paper we compare the 1880 to 1913 period to recent experience. We examine debt crises, currency crises, banking ...

People who handle money on a ... in the handmade papers of Italy. They have long been used to mark important documents, and have appeared on a variety of foreign currency. Watermarks can also ...

Unused foreign currency is a waste of money. And yet we often return home ... he distributes them to collectors and children. Many banks provide a similar service for their customers.

Government debt increased 13.3 percent last fiscal year to a record Tk 18.3 lakh crore, raising concerns about repayment amid ...

1. First you convert the foreign currency into Indian currency at the exchange rate. This is done by using the card network’s exchange rate (e.g., Visa or Mastercard). 2. On the converted amount ...

People earning foreign currency are supposed to also convert their money into kyats, which are not a convertible currency and are not supposed to be taken out of the country. An official from ...