Tag: Dollar Bonds

India’s foreign currency debt: To do or not to do, that is the question !

The announcement of the substantial increase in government borrowings has again brought forth the debate on Sovereign Foreign Currency Debt. The proponents have been giving various arguments in favour of the issuance including lower costs of borrowing, diversified investor base etc. Those arguing against such an issuance have been highlighting the risks associated with foreign currency denominated borrowings. In this article we have analysed both kind of arguments in detail. But let’s first understand what is meant by Foreign Currency […]

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