What Do Deviations from Covered Interest Parity and Higher FX Hedging Costs Mean for Asia /
Asian countries have high demand for U.S. dollars and are sensitive to U.S. dollar funding costs. An important, but often overlooked, component of these costs is the basis spread in the cross-currency swap market that emerges when there are deviations from covered interest parity (CIP). CIP deviatio...
| מחבר ראשי: | |
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| מחברים אחרים: | , , |
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2019.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2019/169 |
| גישה מקוונת: | Full text available on IMF |