Facilities for hedging foreign exchange rate risk: policy options for Eastern Caribbean OECS capital markets and financial institutions project: option papers. - Washington D.C. March 1989 - [158 p.]

There is no organized market or non-market facility through which borrowers can hedge their foreign currency explosure in the Eastern Caribbean. Proposes a non-market arrangement to accommodate the needs of borrowers from official sources and gives a brief description of possible approaches. These include, currency collateralized loans, exchange rate swaps, and outright forward sales.

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