The Impact of Exchange Rate Changes Between Key Currencies on the Debt Service Burden of Developing Countries

Helmut W. Mayer

in Occasional Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper focuses mainly on the impact of exchange rate changes in key currencies on the external debt of developing countries. It presents a systematic way of analysing the impact of a strongly depreciating U.S. dollar vis-a-vis other major currencies on the external debt of developing countries.

Date: 1987
ISBN: 983-9553-10-0
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Persistent link: https://EconPapers.repec.org/RePEc:sea:opaper:occ05

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