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金融と通貨システム
The problem with dollar lending outside the US
For companies and investors outside the United States, the dollar is often the currency of choice. Surprisingly, though, US banks play only a limited role in lending dollars to internatio...
Yingyuan Chen is a Research Officer in the Global Markets Analysis Division of the IMF’s Monetary and Capital Markets Department. She contributes to the Global Financial Stability Report on issues related to sovereign risk, financial stability, and capital markets.
For companies and investors outside the United States, the dollar is often the currency of choice. Surprisingly, though, US banks play only a limited role in lending dollars to internatio...