Structural changes may increase dollar funding strains – IMF paper
The increase in dollar funding costs in March might have been exacerbated by structural changes since the global financial crisis, says research from the International Monetary Fund.
The cross-currency basis, a popular measure for US dollar funding costs, widened on average by roughly 55 basis points in March compared with early January. This was below the average observed during the 2008 financial crisis, which was above 100 basis points.
But for some currencies, such as the Canadian and Hong
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]om
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on International
