Multicurrency clause

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Multicurrency clause

Such a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Multicurrency Clause

A clause in some eurocurrency loan agreements allowing the borrower to begin making payments in another currency at some point in the future, at his/her discretion.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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