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Recent innovations in international banking

Material type: Text

TextPublication details: Bank for International Settlements 1986Description: ix,270pAction note:

3/7/00 M2LMGR

Summary: Innovation has improved the efficiency of international financial markets, mainly by offering a broader and more flexible range of instruments both for borrowing and for hedging interest and exchange rate exposures. This report examines whether these trends at the same time either increase risks within the financial structure or after the functioning of the financial system over the long term, in ways which suggest the need for central banks to adjust their approaches to monetary or macro-prudential policy.

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Holdings
Item type	Current library	Call number	Status	Barcode
Monograph	CARICOM Documentation Centre	11.02.02 R294 (Browse shelf(Opens below))	Available	0000000011462

Innovation has improved the efficiency of international financial markets, mainly by offering a broader and more flexible range of instruments both for borrowing and for hedging interest and exchange rate exposures. This report examines whether these trends at the same time either increase risks within the financial structure or after the functioning of the financial system over the long term, in ways which suggest the need for central banks to adjust their approaches to monetary or macro-prudential policy.

3/7/00 M2LMGR

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