Normal
The banks would prefer not to have to borrow offshore as it introduces currency risk that they would not incur in country of origin.But if the risk reward is ok, i.e. its cheaper to borrow off shore and wear the currency risk, that is what they will do.Mick
The banks would prefer not to have to borrow offshore as it introduces currency risk that they would not incur in country of origin.
But if the risk reward is ok, i.e. its cheaper to borrow off shore and wear the currency risk, that is what they will do.
Mick
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