Foreign exchange settlement risk survey

Release date
Vol. 64. No. 4. December 2001
Andrew Rodgers
Main file
The world's central banks have been working for several years to promote awareness of the risks associated with the settlement of foreign exchange transactions. In September 2000, the Reserve Bank surveyed the major participants in the New Zealand foreign exchange market to focus attention on settlement practices and the potential risks. This article summarises the findings of that survey.