Back-to-Back Loans. Back-to-back loans have caused many of the banking crises in emerging economies in the 1990s.

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Back-to-Back Loans. Back-to-back loans have caused many of the banking crises in emerging economies in the 1990s. What guarantees can firms obtain in order to use this type of foreign exchange hedge?

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Multinational Business Finance

ISBN: 9781292270081

15th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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