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
There’s a lot of different types of “foreign loans” out there, but that gets us off your questions.
Yes, they get sent money. Its very much like a regular loan in that regard, it gets deposited in your bank account.
In what currency? Thats written into the loan, it will say. Generally it will be in the currency of the person doing the loan, or in say a mutually agreed currency such as US Dollars or Euros.
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