Currency mismatch/Definition

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< Currency mismatch
Revision as of 03:11, 6 March 2010 by imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> The situation created when a government's bond issue is denominated in terms of a foreign currency so that the cost of serving it varies with the exchan...)
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Currency mismatch [r]: The situation created when a government's bond issue is denominated in terms of a foreign currency so that the cost of serving it varies with the exchange rate.