Assertion: external debt | /r/HasProperty | denominated in domestic currency
Facets:
value: by tax revenues
type: OTHER
Source sentences:
text: There is a difference between external debt denominated in domestic currency, and external debt denominated in foreign currency.
text: A nation can service external debt denominated in domestic currency by tax revenues, but to service foreign currency debt it has to convert tax revenues in the foreign exchange market to foreign currency, which puts downward pressure on the value of its currency.