KfW Entwicklungsbank | Feasibility of a foreign currency fund
KfW Entwicklungsbank | Feasibility of a foreign currency fund
3 Pages| 41 | | Controlling, Accounting, Risk and Performance Management KfW Entwicklungsbank | Feasibility of a foreign currency fund Background and project objectives A major obstacle to growth in developing countries is the companies’ lack of access to medium- and long-term finance in local currencies. Foreign currency loans impose most of the foreign currency risk on the borrowers that often do not have income in foreign currency. As emerging mark
