Securities and International
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Securities and International Financial Management
...... In conclusion, like any form of investment activity, the use of foreign exchange loans always present a risk to the borrower. However, if the borrower is careful as to monitoring and evaluating changes in the market, or goes through a managed foreign currency loan, many of these risks can be reduced, if not eliminated. The result of reducing any associated risk is that the borrower has an opportunity to actually make money on borrowed loans
Bibliography:
Almekinders, Geert J. (1995): Foreign Exchange Intervention: Theory and Evidence. New York: Edward Elgar Publishing, Inc......
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