How much trouble for EM corporate borrowers?
19 July 2018 | by Liseth Galvis-Corfe
There is a shocking lack of perspective in many commentaries on EM corporate debt, with special reference to US Dollar exposures. According to IIF, the range of foreign currency denominated non-financial corporate debt, scaled by GDP, runs from China (7 per cent) to Turkey and Chile (36 per cent). While EM corporate debt has been accumulating...Read more