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Yes, of far more interest ... (4.00 / 3)
... would be the balances on short term and long term external debt payable in foreign currency. Those are the values that can explode in domestic currency terms during a FXR melt-down, as many SE Asian nations discovered in the 90's.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Fri Dec 12th, 2008 at 10:48:30 PM EST
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Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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