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...

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Bibliographic Details
Main Author: Acosta Ormaechea, Santiago
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/261
Online Access:Full text available on IMF