This has been putting a lot of pressure on companies that either depend on imports or that took out foreign currency loans.
22.
The IMF makes foreign currency loans available to the government, but these funds are not meant to go to the private sector.
23.
However, U . S . dollar and other foreign currency loans stand at US $ 137.4 billion, not counting the IMF package.
24.
Philippine stocks were mixed as gains by companies that earn dollars were offset by losses among importers and those with foreign currency loans.
25.
The agreement gives foreign banks time to craft a longer-term solution; almost $ 100 billion in foreign currency loans come due next year.
26.
The main economic risks would come from banks with heavy exposures to property developers and companies with unhedged foreign currency loans, he said.
27.
In addition, many of the finance companies had their own foreign currency loans, which became more costly to repay as the baht fell.
28.
PHILIPPINE stocks were mixed as gains by companies that earn dollars were offset by losses among importers and those with foreign currency loans.
29.
Speaking after Ancom's annual and extraordinary general meetings in Kuala Lumpur yesterday, Johari said the group has minimal exposure in foreign currency loans.
30.
One of the differences between the two accounting methods is the way a firm books foreign exchange losses resulting from foreign currency loans.
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