A rise in a country's currency forces borrowers to shell out more local currency to pay off the interest owed on bonds denominated in an unaffected currency.

Name: A rise in a country's currency forces borrowers to shell out more local currency to pay off the interest owed on bonds denominated in an unaffected currency.
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Question

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A rise in a country's currency value means it takes less of that currency to pay off debts in a foreign currency, not more.

A Rise in a Country's Currency Forces Borrowers to Shell