It uses foreign currency loans for all kinds of economic activities, mostly to invest in factories, power plants, roads, education and in inventories.
32.
Thirdly foreign banks and local corporations had built up an average maturity of the foreign currency loan portfolio of about 1 . 5 years.
33.
However, U . S . dollar and other foreign currency loans stand at US $ 137 . 4 billion, not counting the IMF package.
34.
Pilipino Telephone Corp . tumbled as much as 12.5 percent on expectations higher payments on foreign currency loans will add to its earnings headaches.
35.
Pilipino Telephone Corp . tumbled as much as 12 . 5 percent on expectations higher payments on foreign currency loans will add to its earnings headaches.
36.
The interest rates on the foreign currency loans were several points lower but any notional savings were wiped out by changes in the currency exchange rates.
37.
Operations in Singapore achieved improved profits but this was negated by share of losses in an associate company arising from translation of a foreign currency loan.
38.
It added banks would tend to tighten their credit due to concerns over problem loans specially foreign currency loans and loans to the slumping property sector.
39.
Any bank or bank consortium, domestic or foreign, with a foreign currency loan in arrears to an Indonesian company, or any company with such arrears, could apply.
40.
Commercial banks have been criticized for selling dollars for as high as 35 pesos per dollar to clients planning to repay foreign currency loans or cover imports.
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