The rise and fall of dominant currencies, associated with trade and linked to financial and political systems, is a recurrent theme in financial history.
This report explores the impact of unexpected devaluation of fixed income assets resulting from a cascade of sovereign debt devaluations caused by the sequential exit of countries from a currency union.
This report is one from a suite of scenario reports that can be used by businesses as a basis for testing against vulnerabilities and improving resilience.
This report is produced as part of the Centre's research track on corporate risk profiling. The focus and intention of this report is to better understand the perspectives and practices of risk management at global corporations.
