The objective of this paper is to explain how foreign exchange risk affects power and water infrastructure projects, to analyze the effectiveness of mechanisms that have been used to mitigate foreign exchange risk and examine how they may be improved, and to suggest roles for donor agencies in facilitating foreign exchange risk mitigation. A key theme of the paper is that the most appropriate mechanism for mitigating foreign exchange risk will be...
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INFORMATION
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2003/12/01
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Document de travail (série numérotée)
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28094
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1
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1
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2010/07/01
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Foreign exchange risk mitigation for power and water projects in developing countries
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foreign exchange risk
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