In view of the limited availability of resources, there is a limit to which IIFCL will be able to deliver a favourable leverage effect by extending equity support and credit enhancement. 18. Single and group exposure limits turn out to be binding for lending banks in view of the huge funds requirement.
The safest currency for all investors is the currency of the country with the lowest inflation rate over time. Here, the prospects for the euro are good. Over the years, inflation in European core countries has been constantly lower than in the United States, and there is no reason to believe that this would change with the start of EMU.