Kutan, Ali M.; Ozsoz, Emre; Rengifo, Erick W. - In: Emerging Markets Review 13 (2012) 4, pp. 478-492
Dollar-denominated deposits and loans could increase financial fragility in emerging market banking systems. This currency mismatch does not only increase banks' currency risk when the proportion of dollar-denominated loans with respect to local-denominated loans increases but also it increases...