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Why do companies take Foreign Currency Loan??

Answer Posted / abhishek chauhan

if foreign countries (suppose u.k)the loan rates are quite
less as compare to india becoz its already devloped country
there the need for loans are much less than as nedeed in
devloping countries,by using derivatives(swap options) their
cost is reduced to a nominal level

Is This Answer Correct ?    39 Yes 1 No



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