Re: international finance question

[Doug Henwood <dhenwood@xxxxxxxxx>]

On Mar 14, 2007, at 3:44 PM, Anthony D'Costa wrote:

> Good question but I don't think all debts are dollar-denominated.  The
> portfolio of outstanding debts is quite varied--short and long term,
> concessional and private loans, and grants, and so on. One will
> have to
> look at the breakdown of debts to get a sense of this.

And it also depends on what currency the debtors' exports are
denominated in. If their debts are in dollars and they're exporting
in euro, that's better than the reverse.

Doug