About this document
Financial Innovation in Capital Markets by dskrishna is a document available to read on EtoBox.
A company can lower its cost of raising funds through cross-currency swaps in international markets. This allows a company needing funds in one currency to exchange principal with another company needing funds in the opposite currency. Such swaps are becoming more popular in financial markets. Financial innovation is a continuous process, as new instruments may attract initial investors but require further refinement to remain competitive.
- Author
- dskrishna
- Language
- EN