Redenomination risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ECB https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1785.en.pdf) |
imported>Doug Williamson (Expand.) |
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The risk of losses from government actions to replace one currency with another - less valuable - one. | The risk of losses from government actions to replace one currency with another - less valuable - one. | ||
The value of central government bonds and other assets would fall. | |||
Revision as of 09:10, 13 November 2016
The risk of losses from government actions to replace one currency with another - less valuable - one.
The value of central government bonds and other assets would fall.
