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By matching the currency of assets and liabilities, clients can mitigate the impact of foreign exchange volatility on public budgets and development programs.
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In addition to major currencies, IBRD financing is available in a growing list of local currencies. Some of the ways clients can access local currency include currency conversion options embedded in IBRD loans, stand-alone currency hedging transactions, and local currency bonds tied to IBRD loans. In blue, see where IBRD can offer local currency. Even in countries with evolving or non-existent local currency swap markets, we have found ways to offer local currency. Contact us to see if a local currency solution is possible.
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