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What is daily settlement limit?

Updated: 4/28/2022
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15y ago

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Foreign exchange (FX) settlement risk is the risk of loss when a bank in a foreign exchange transaction pays the currency it sold but does not receive the currency it bought. please refer to http://www.bis.org/publ/bcbs73.pdf?noframes=1 thanks and regards, karpaka rajan v chettiar, insurance advisor, internal auditor, banker, abu dhabi, UAE karpaka@gmail.com

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