BIS Calls For Tighter Reporting Of Central Banks' Currency Liquidity

METHODS & REGULATIONS

BASLE--The Bank for International Settlements (BIS) has published a report recommending that central banks and other public authorities improve the reporting of their foreign currency liquidity. The new recommendations were prompted by the recent Asian currency crisis, which "highlighted shortcomings" in the availability of currency liquidity information, says a BIS spokesperson. The report also calls for stronger liquidity disclosure standards for private sector participants in the foreign

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