Foreign currency debt
Fundamental analysisAlso called: ECB
Borrowings denominated in a currency other than the reporting one.
In plain terms
Cheap on the headline rate and expensive after a rupee move. Often unhedged.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Borrowings denominated in a currency other than the reporting one.
Cheap on the headline rate and expensive after a rupee move. Often unhedged.