Most new investors aren’t familiar with the interbank market unless they’re focused on forex. Unlike exchanges, forex is an over-the-counter market. This means that there’s no one central source of ...
MUMBAI (Reuters) - The Reserve Bank of India on Thursday allowed banks to set their own limits to borrow from the interbank call money market in a bid to better manage liquidity, though at least four ...
Abuja, Nigeria – The Central Bank of Nigeria has announced it will adopt Bloomberg’s BMatch solution for interbank trading in the local foreign exchange markets. Bloomberg’s Foreign Exchange ...
The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported ...
MUMBAI, Nov 10 (Reuters) - The outage of the interbank order matching system prompted excess volatility in the Indian rupee, likely leading to the country's central bank stepping in to calm the market ...
Update: After 9to5Mac published that Interbank Peru was announcing Apple Pay support, the bank removed its videos about the service as well as the page promoting Apple’s own payment system. As of now, ...
DUBAI, Sept 16 (Reuters) - The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources said, as it tries to catch up with global regulators who have ...
Rabat – As part of the launch of Morocco’s interbank derivatives market, Bank Al-Maghrib, Morocco’s central bank, has selected Bloomberg’s Foreign Exchange Electronic Trading Platform (FXGO) and ...