Bank of Ghana hails tech improve in currency trading current market – Central Banking

The Bank of Ghana (Lavatory) and Refinitiv are rolling out a new matching technique that the central lender says will deepen the nearby foreign trade current market and decrease fragmentation.

Refinitiv’s Location Matching system went dwell on February 21. It will allow for clear rate discovery and trading, encouraging a go away from the more than-the-counter Fx trading that earlier predominated.

Bank of Ghana governor, Ernest Addison, said marketplaces that relied on OTC trading tended to be “highly fragmented” and

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