You are here

Foreign currency borrowing at new high in Asia

The risk comes from the potential rise in the US dollar against Asian currencies. If it does, emerging nation borrowers will be squeezed

London

FOREIGN currency borrowing of Asian governments and corporations has soared to new heights, helping finance companies and boosting growth.

But the danger lies in the potential appreciation of the US dollar and other exchange rates against Asian and other emerging nation...

sentifi.com

Market voices on: