The Risk of Foreign Currency Indexed Loans
Not only does it pose a risk for those who incur in debt and the creditor banks particularly, but for the Venezuelan banking system, overall
Tag: Dollarization
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.
Donate