Under conditions of chronic exchange rate overshooting and mildly segmented capital markets, optimal currency denomination decision rules for international debt financing are derived for risk-neutral ...

Countries have taken substantial steps to help local firms mitigate their exposure to currency risk by issuing debt denominated in their domestic currencies and by promoting local currency bond ...

In the banking world, some currency denominations are more popular than others. While most people are familiar with the common $1, $5, $10 and $20 bills, the humble $50 often goes overlooked. Find Out ...