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 Glossary   >   M   >   "Multicurrency clause" Definition   

        Multicurrency clause

Such a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date.

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.


Multicurrency clause : such a clause on a euro loan permits the borrower to switch from one currency to another currency on a rollover date.