Why do rating agencies assign both a local currency debt rating and a foreign currency debt rating?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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Question Posted: Mar 02, 2024 05:00 AM

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Why do rating agencies assign both a local currency debt rating and a foreign currency debt rating?

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Rating agencies assign both a local currency debt rating and a foreign currency debt rating to provide investors with a comprehensive assessment of th...View the full answer

Foundations Of Financial Markets And Institutions

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