The Irish Government is to buy foreign exchange on a massive scale at 0 to 0.99 per cent over the next five years.Foreign Exchange (FI) will be available to citizens and residents of Ireland and the Republic of Ireland as well as to institutions of higher education.It will be sold at a market rate of […]
It’s been a little over a year since the Bank of England announced the launch of the foreign exchange trading mechanism (FEAT), a move designed to help the country’s banks withstand shocks and the economic impact of the Brexit vote.The scheme, which has been criticised for being too reliant on central bank policy, is set […]