A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength is known as:

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Next Question:
The value of the U.S. dollar on the foreign exchange market will tend to
Posted by:
Vinod Jetley
07-June-2015

1. Foreign Currency Loan

2. Swap Loan

3. Hard Loan

4. Subordinated Loan

Hint: A loan agreement between a Brazilian company and an Argentinean company where the debt is to be paid in U.S. dollars.

Project Finance Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies

Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/15

Upvote (2) Views (2) Followers (8) Answers (7) Report Question

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7 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Hard Loan is the right Answer.

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by Sanjay Kumar Jangir , Finance Executive , Alchemy Stones India

A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength is known as hard loan

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by Bilal Bilal Ashraf , Assistant Accountant and Office Admin , Hamdaani Food Company

Hard loan option3 is answer

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by Shazia Anees , Assistant Manager Finance , Arham Trading Company

2. Swap Loan=================

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by Sheikh Zohaib Rehman Zaibi , Admin and Accounts Officer , NAI ZINDAGI

The answer is Foreign Currency Loan

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by mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Swap loan........................... .......

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by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct Answer is1.Foreign Currency Loan paid means we have to debit foreign currency loan a/c

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A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength is known as:

A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength is known as hard loan

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