Deposit currency substitution can be measured as the share of foreign currency deposits in the total deposits of the banking system, while credit currency substitution can be measured as the share of dollar credit in the total credit of the banking system.
2.
In literature, there is a set of related definitions of currency substitution such as "'external liability currency substitution "', domestic liability currency substitution, "'banking sector's liability currency substitution "'or "'deposit currency substitution "'and "'credit dollarlization " '.
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