The influence of US dollar funding conditions on Asian financial markets.
It is observed that a depreciation of the domestic currency against the US dollar leads to a widening of the sovereign bond spread. This finding suggests a significant relationship between US dollar funding exposure, US dollar liquidity conditions, and domestic financial conditions in some emerging...
| Main Author: | |
|---|---|
| Format: | Electronic Resource |
| Language: | English |
| Published: |
Manila,Philippines
Asian Development Bank, [2021]
|
| Subjects: | |
| Online Access: | https://www.adb.org/publications/us-dollar-funding-conditions-asian-financial-markets |