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Aug 30, 2011 13:40
13 yrs ago
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English term
prices have come as banks
English to Italian
Bus/Financial
Finance (general)
This time around, things look sturdier. The World Bank, Asian Development Bank and governmental credit agencies stepped in to provide backstops by way of loans and debt guarantees, and are still doing so. That means while trade finance got more expensive during the crisis, according to a January IMF study, volumes fell by just 10 percent - less than trade itself. Since then, prices have come as banks return to the sector.
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