Devizaadósság
Devizaadósság refers to debt denominated in a foreign currency. This can include loans taken out from foreign financial institutions, bonds issued in foreign currency markets, or trade credit extended in a foreign currency. The primary risk associated with devizaadósság is currency fluctuation. If the domestic currency depreciates against the foreign currency in which the debt is denominated, the cost of servicing and repaying the debt increases significantly in local currency terms. This can lead to financial distress for individuals, businesses, or even governments.
Managing devizaadósság involves strategies to mitigate currency risk. These can include hedging instruments such as forward