Fx denominated liabilities as a share of liabilities reached 15.5% in 2023 in Madagascar, according to the National Central Bank. This is 11.8% less than in the previous year.
Historically, FX denominated liabilities as a share of liabilities in Madagascar reached an all time high of 25.8% in 2005 and an all time low of 14.9% in 2019.
Madagascar has been ranked 29th within the group of 40 countries we follow in terms of FX denominated liabilities as a share of liabilities.
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