10. Also, losses are calculated based over the exposure at default, which incorporates each superb balances and any more drawdown in the credit line that takes place ahead of default, even though loss rates are calculated for a percentage of average exceptional balances over the projection horizon. Return to https://financefeeds.com/global-fx-market-summary-us-interest-rates-eurozone-economic-indicators-political-risks-2-september-2024/