Posted by & filed under Economic Analysis, Financial analysis, Financial Planning, Governments & Regulators, Market Analysis, Personal Finance.

Description: Credit rating agencies have indicated that payments in a currency different from the one the debt was sold in would count as a default once the grace period expired.


Date: Apr 06, 2022


Questions for discussion:

  • What is the issue about paying in an alternative currency?
  • How should this settlement of accounts be handled, in your opinion?
  • What can happen in financial markets if this issue isn’t resolved satisfactorily?
  • Do you think it will?

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