Exchange Rate Risk : Reviewing the Record for Private Infrastructure Contracts

Among the key risks facing foreign private entities investing in the infrastructure of developing countries is depreciation or devaluation of the local currency. Indeed, over the past 25 years developing country currencies lost 72 percent of their...

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Bibliographic Details
Main Authors: Gray, Philip, Irwin, Timothy
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/06/2539575/exchange-rate-risk
http://hdl.handle.net/10986/11294