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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References
1 Jun 2015
RDP
2015-04
Download the Paper 738. KB. Atkeson A and LE Ohanian (2001), ‘Are Phillips Curves Useful for Forecasting Inflation?’, Federal Reserve Bank of Minneapolis. ... The Quarterly Journal of Economics. , 118(1), pp 269–298. Christiano LJ, M Eichenbaum and
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