The Exchange is TCX’s thought leadership platform.
It brings together research, perspectives and practical experience to deepen understanding of currency risk, inform policy and practice, and support the wider use of local currency finance.
The Exchange presents TCX’s thought leadership through three complementary strands: in-depth analysis, informed perspectives and practical examples from the markets in which we work.
Insights
Research and analysisPerspectives
Views on policy and practiceSpotlights
Local currency finance in practiceBrowse our latest research, perspectives and case studies by topic, region or editorial strands.
Reducing currency risk to build Rwanda’s local currency bond market
Powering Côte d’Ivoire
How TCX helps shape local currency market development through FX hedging in emerging and frontier markets.
Looking back at eight years of frontier local currency debt performance
Currency risk management begins at origination
A framework to introduce ‘Borrower-lens lending’
How blended finance facilities enable local currency finance in emerging and frontier markets
Stabilizing long-term investment in Zambia’s agri-food sector for 260 Brands
Why shifting away from hard currency contracts is essential for debt sustainability, utility viability, and inclusive energy transitions
How currency crises reshape fiscal policy and why indexing to local currency can help
Hedging for water access in Jamaica
Creating financial stability to support sustainable energy access in Malawi
The Exchange also brings together webinars, events and contributions developed with partners. These formats connect TCX’s experience with a wider community working to strengthen local currency finance.
Contact our Thought Leadership team if you would like to discuss our research, suggest a topic or explore an opportunity to collaborate.