Bank of International Settlements
Before we discuss the much-publicized implications of the Bank of International Settlements’ Triennial Survey and the not-so-publicized quarterly report, here's a quick and basic overview of the role, functions, and historical aspects of the Bank of International Settlements (BIS) due to its profound importance to not only world banking and economic stability, but the markets in particular, both yesterday and today.
Established in 1930 as the world's banker, the BIS today is much more than the facilitator of gold and FX transactions for the 54 central banks that contributed to its 2007 report. It was originally established to repatriate German monies to the Allies after the war at the behest of the Bank of England, ...
Get Inside the Currency Market: Mechanics, Valuation, and Strategies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
