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| Foreign Exchange |
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| The Federal Reserve Bank of New
York carries out foreign exchange-related activities on behalf
of the Federal Reserve System and the U.S. Treasury. In this
capacity, the Bank monitors and analyzes global financial market
developments, manages the U.S. foreign currency reserves, and
from time to time intervenes in the foreign exchange market.
The Bank also executes foreign exchange transactions on behalf
of customers. |
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| Features |
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The Foreign Exchange Committee releases the Survey of North American Foreign Exchange Volume for the October 2012 reporting period.
January 29, 2013 |
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| News and Announcements |
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May 9, 2013 |
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| Speeches |
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Remarks by Christine M. Cumming, first vice president, at the 10th Anniversary of CLS, New York City
April 17, 2013 |
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| Publications |
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That central banks should hold foreign currency reserves is a key tenet of the post-Bretton Woods international financial order. But recent growth in the reserve balances of industrialized countries raises questions about what level and composition of reserves are "right" for these countries.
By Linda Goldberg, Cindy E. Hull and Sarah Stein, Current Issues in Economics and Finance, Volume 19, Number 1, April 2013 |
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