Sentences with phrase «local currency loan»

You see, many Eastern European borrowers like the idea of borrowing in Swiss francs or Euros, because the nominal interest rate is currently drastically lower than what they'd pay on a local currency loan.

Not exact matches

It puts 25 % into foreign stocks, 25 % into U.S. Treasuries, and 10 % each into commodities, emerging - market currency, bank loans, high - yield bonds, and 5 % each into TIPS and local - currency emerging - market debt.

China's total local - currency loans have more than tripled since the start of 2009.

Susan Witt, who runs the invaluable Schumacher Society, offers a variety of possible mechanisms for supporting an emerging community economics, such as local currencies and community loans.

Kiva loans are made in U.S. dollars, but Field Partners often distribute the money to borrowers in their local currency.

Sometimes local currency becomes less valuable during the term of a loan.

The addition of local currencies is supposed to simplify the loan process for borrowers.

Like Celsius, Ripio runs on cryptocurrency yet offers the loans in local fiat currency to help cryptocurrency newbies get on board.

At the time a loan is funded, BTCJam uses the CoinDesk Bitcoin Price Index API, which collects pricing data from a basket of exchanges, to price out the total amount in local currency.

Bitcoin's use in markets where the local currency is heavily controlled will also contribute to its growth, said David Henderson, founder of Sweetbridge, a blockchain alliance seeking to launch projects in industry ecosystems, including protocols for commerce, supply chains and interest - free loans.