Nostro, Vostro and Loro Accounts: The Clearing Infrastructure Behind Cross-Border Payments

Nostro accounts can slow cross-border payments when liquidity is insufficient or when multiple correspondent banks are involved. Each intermediary adds processing time. Payments may queue if the ...

Here's What Happens When Your Bank Flags a 'Suspicious' Deposit

If your bank flags a deposit as suspicious, here's what to expect and how to make sure your funds don't get stuck or delayed.

Bank Discount Rate Explained: How It Functions and Its Importance

The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.

Swap Networks Explained: A Complete Guide with Examples

Swap networks are central bank arrangements that enhance liquidity and manage interest rates. Learn how they work and why ...
International Monetary Fund

Global Financial Stability Report: Markets in the Time of COVID-19

The April 2020 Global Financial Stability Report (GFSR) assesses the financial stability challenges posed by the coronavirus (COVID-19) pandemic. Chapter 1 describes how financial conditions tightened ...