currency

Foreign currency corporate borrowing: Risks and policy responses

Emerging market economies increasingly rely on foreign currency debt, leaving borrowing firms exposed to sudden stops and currency depreciations. This…

5 years ago

U.S. pandemic relief program mistakenly paid $692 million in duplicate loans: watchdog

WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) mistakenly paid out $692 million in duplicate small-business pandemic relief loans…

5 years ago