Financial and Monetary Systems
The problem with dollar lending outside the US
The majority of the $7 trillion in banks’ dollar lending outside the United States is handled by banks based in Europe, Japan and elsewhere.
Hideo Hashimoto is an advisor in the Monetary and Capital Markets Department at the International Monetary Fund. Before joining the Fund, He worked for the Japanese Ministry of Finance and Financial Services Agency. He led the multiple divisions responsible for foreign reserve management, financial sector policy, fiscal policy and multilateral development policy.
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