Public Debt Dynamics and Intra-Year Exchange Rate Fluctuations /

The public sector, in carrying out its operations, often incurs foreign currency denominated liabilities and, as such, is exposed to exchange rate fluctuations that could affect the value of public debt to GDP ratios over time. This paper shows that converting foreign currency denominated flows and...

Полное описание

Библиографические подробности
Главный автор: Acosta Ormaechea, Santiago
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2020.
Серии:IMF Working Papers; Working Paper ; No. 2020/261
Online-ссылка:Full text available on IMF