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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Bibliografski detalji
Glavni autor: Acosta Ormaechea, Santiago
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2020.
Serija:IMF Working Papers; Working Paper ; No. 2020/261
Online pristup:Full text available on IMF