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foreign exchange (FX)

Coverage of foreign exchange (FX) in the Nexus archive.

Earliest in view: Jul 11 · 09:14 UTCMost recent: Jul 11 · 09:14 UTC
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  • BUSINESSJul 11 · 09:14 UTCCOINTELEGRAPH
    Dollar stablecoins could improve FX access but amplify currency runs: IMF paper

    An IMF working paper highlights that dollar stablecoins may enhance access to foreign currency but could also facilitate coordinated exits from local currencies during severe exchange-rate stress. The paper warns of potential risks associated with dollar stablecoins amplifying currency runs in periods of financial instability.