In general,the dollar cost of borrowing local currency at an interest rate and currency change is the sum of the dollar interest cost plus

Question

Quizplus · Accepted Answer

The dollar cost of borrowing local currency at an interest rate and currency change is affected by the percentage change in the exchange rate. This is because when the loan is repaid, the exchange rate will have an impact on how much money needs to be paid back in US dollars.

In General,the Dollar Cost of Borrowing Local Currency at an Interest