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Financing with Hot Money
Aug23

Financing with Hot Money

by Barney Almazar, Esq.   With the Philippine Peso outperforming the other currencies in South-East Asia, speculative investors will take their balance sheet to Manila’s emerging markets to profit from the country’s stronger currencies. Capitalized upon international market imbalance, the business logic is actually very simple: buy money at low interest rates then profit from the spread by selling to countries where interest...

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