Foreign Currency Loans – A Credible Borrowing Alternative?

Abstract

Notes that foreign currency loans have become increasingly popular due to the UK′s entrance to the Exchange Rate Mechanism and an increase in clients′ awareness of financial markets. Suggests that risks are still attached to foreign currency loans and questions whether they can now be considered a viable alternative. Concludes that, if one can afford to take the risk, the long‐term gains in terms of interest rate savings and potential debt reduction can be substantial.

Citation

Gubbins, N. (1991), "Foreign Currency Loans – A Credible Borrowing Alternative?", Journal of Property Finance, Vol. 2 No. 1. https://doi.org/10.1108/09588689110033117