Sentences with phrase «depreciation increases the debt»
It, and the foreign currency debt servicing payments, are therefore subject to valuation effects when the exchange rate changes; currency depreciation increases the debt - servicing costs in Australian dollar terms.
https://www.rba.gov.au/ Not exact matches
Net foreign debt rose to 41 per cent of GDP, on account of both increased foreign borrowings and valuation effects flowing from the depreciation in the A$ in the quarter.