Partial currency redenomination of external public debt

Authors

  • Antonio Zoccali Central Bank of Argentina
  • Luis Gallardo Central Bank of Argentina

Keywords:

Argentina, Currency Diversification, Foreign Currency Debt, Redenomination of Liabilities

Abstract

Given the insistence with which specialized publications have dealt with the issue of US dollar liabilities redenomination and the greater currency diversification for new loans as an effective means to mitigate debt services burden, this article carries out a brief analysis of the advantages and disadvantages of such mechanism, including a simplified simulation exercise for the Argentine case.

JEL classification: H63

Downloads

Download data is not yet available.

Downloads

Published

1985-03-01

How to Cite

Zoccali, A. and Gallardo, L. (1985) “Partial currency redenomination of external public debt”, Ensayos Económicos, (33), pp. 103–120. available at: https://investigacionesconomicas.bcra.gob.ar/ensayos_economicos_bcra/article/view/534 (accessed: 5 May 2025).

Issue

No. 33 (1985): Ensayos Económicos

Section

Articles