How foreign loans works? Do lessor country gives the cold cash to his lessee country? How about, if they have a different currencies? 845 viewsJanuary 3, 2024 Question100.55K June 30, 2020 0 Comments How foreign loans works? Do lessor country gives the cold cash to his lessee country? How about, if they have a different currencies? In: Economics 3 Answers ActiveNewestOldest Anonymous Posted June 30, 2020 0 Comments These days, probably not cold hard cash, but an interbank wire transfer. Loans like that are generally made in a reserve currency (dollars, euros, yen, etc.). You are viewing 1 out of 3 answers, click here to view all answers. Register or Login
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