Foreign currency borrowing and risk-hedging behavior: Evidence from Cambodian households
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DOI: 10.1016/j.asieco.2018.07.002
Abstract: Foreign currency borrowing, also known as financial dollarization given the dominance of the U.S. dollar, is a growing issue in developing countries. This study investigates the determinants of foreign currency borrowing of households in Cambodia… read more here.
Keywords: hedging behavior; currency borrowing; currency; foreign currency ... See more keywords
The additional cost of hedging in foreign currency loans
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DOI: 10.1177/0312896217726836
Abstract: Foreign currency denominated loans (FCDLs) are an important part of corporate funding as well as an operational risk management tool. We show that domestic borrowers use FCDLs to hedge their foreign exchange risk exposure. FCDLs… read more here.
Keywords: currency loans; cost hedging; currency; foreign currency ... See more keywords