Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
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Keynes and the Depression in Australia
31 Dec 2000
RDP
2000-04
It is as follows:–. The Bank of England has manoeuvred its assets and liabilities in such a way as to reduce the amount of cash available to the clearing banks as ... Reserve Bank of Australia Archives, paper for 115th Board meeting, 9 October 1933.
https://www.rba.gov.au/publications/rdp/2000/2000-04/keynes-and-the-depression-in-australia.html