Dollarization
Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency.
TEXT-S&P afrms Lebanon 'B/B' rtgs;otlk stbl - Reuters
Posted by admin / Under Dollarization
TEXT-S&P afrms Lebanon 'B/B' rtgs;otlk stbl Reuters The stable outlook balances our view of Lebanon's political risks, high level of government debt, and extensive dollarization against its level of economic development and international reserves. Standard & Poor's Ratings Services said today that it ... |
Published on Thursday 9th of February 2012 01:27:43 AM
TEXT-S&P affirms 'BBB/A-3' ratings on Bahrain; outlook negative - Reuters
Posted by admin / Under Dollarization
TEXT-S&P affirms 'BBB/A-3' ratings on Bahrain; outlook negative Reuters Dollarization and the currency peg to the US limit monetary flexibility, but persistent current account surpluses have maintained a net external asset position. The political unrest has raised cross-border funding costs for domestic institutions, ... |
Published on Thursday 9th of February 2012 01:27:43 AM
Citi: Lebanon's economy could suffer if Syria situation worsens - The Daily Star
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![]() The Daily Star | Citi: Lebanon's economy could suffer if Syria situation worsens The Daily Star Dollarization, a possible indicator of eroding confidence in the Lebanese pound, has remained broadly flat in recent months. “Moreover, deposit growth and, in particular, non-resident deposit growth, remain strong, at a yearly rate of 7 percent and 17 ... |
Published on Thursday 9th of February 2012 01:27:43 AM
IMF Executive Board Concludes 2011 Article IV Consultation with Democratic ... - Afribiz.info
Posted by admin / Under Dollarization
IMF Executive Board Concludes 2011 Article IV Consultation with Democratic ... Afribiz.info They urged continued vigilance toward risks stemming from rapid credit growth, high dollarization, and economic and financial developments in Europe. They supported ongoing efforts to strengthen the Anti-Money Laundering and Combating the Financing of ... |
Published on Thursday 9th of February 2012 01:27:43 AM
Is the Banking Sector Really Safe and Sound? - AllAfrica.com
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Is the Banking Sector Really Safe and Sound? AllAfrica.com Not surprising, since most companies had to recapitalise after dollarization and the only option was through debt as cheaper routes like rights issues failed to get support from shareholders. This has resulted in huge finance charges. |
Published on Thursday 9th of February 2012 01:27:43 AM
Republic of Lebanon 'B/B' ratings affirmed - Zawya (registration)
Posted by admin / Under Dollarization
Republic of Lebanon 'B/B' ratings affirmed Zawya (registration) The stable outlook balances our view of Lebanon's political risks, high level of government debt, and extensive dollarization against its level of economic development and international reserves. LONDON (Standard & Poor's): Standard & Poor's Ratings ... |
Published on Thursday 9th of February 2012 01:27:43 AM
Small-scale farmers to feed the nation - The Zimbabwean
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![]() The Zimbabwean | Small-scale farmers to feed the nation The Zimbabwean Before the dollarization of the economy, people found it almost impossible to keep pace with rising food prices. The massive reduction in food being produced from the commercial farms meant a greater reliance on imported food stuffs which the ... |
Published on Thursday 9th of February 2012 01:27:43 AM






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