Series: IMF Working Papers
Author(s): Christoph Rosenberg , and Marcel Tirpák
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2008
Keywords: Foreign currency borrowing, new EU member states, foreign currency, exchange rate, foreign exchange, inflation, currency risk,
The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that striking differences in patterns of foreign currency borrowin...