Putting the debt in U.S. dollars and possibly yen is smart and hedging the debt will limit currency fluctuations (note that un-hedged debt burnt many Thai corporates during the Asian crisis).
You will note that during her trip, Indonesia's currency reached its highest value for the past six months and the stockmarket has broken all kinds of records over the past 12 months.
In a note Tuesday, Citigroup analyst Walter Pritchard warned that negative currency headwinds will probably hurt revenues at a number of large-cap tech companies, including VMWare, Adobe Systems and Microsoft.
This thinking was followed by the blinkered that simply forgot to note that before debt and equity, why even before national currency there were commodities.
The Senator went on to tell the States of Jersey, in response to Constable Mezbourian's question that the note will form an important part of the new family of currency.
Along those lines, we note that senior US officials have been quiet on the issue of currency appreciation, with the US Treasury Department delaying the publication of its semiannual report on exchange rate policies, which was due on April 15.
Barclays recommended in a note to clients late Wednesday that they should anticipate further appreciation in the Brazilian currency, the real, with a target of BRL1.50 over the next three months.
Note, too, that in the past two years Russia had achieved a steady currency and tolerably low inflation (around 10% a year).
And please note: Foreign exchange reserves cannot, as a practical matter, be used to create domestic-currency growth.
Note: The government will very likely step in long before Facebook credits become a ubiquitous form of currency.
" The note adds: "How long Greece could be within the euro and live with its own internal currency is an open debate.
CNN: The trillion dollar question: Will Greece exit the euro?
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