In the 1990s, most of the borrowing by the companies who invested in Asian countries had been in _____.

Name: In the 1990s, most of the borrowing by the companies who invested in Asian countries had been in _____.
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The companies that had made the investments in Asia, in 1990s, were under huge debt burdens and they were finding it difficult to service. Much of the borrowing had been in U.S. dollars, as opposed to local currencies.

In the 1990s, Most of the Borrowing by the Companies