IMF warns banks and supervisors of liquidity risks in $9.6 trillion FX market

LONDON, Oct 7 (Reuters) – Financial institutions that dominate the $9.6 trillion currency market should hold the necessary liquidity and capital buffers and run enhanced stress tests to prevent disruptions to the financial system, according to an International Monetary Fund report released on Tuesday. “Although stress testing and systemic risk monitoring have advanced, the role […]