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Resolved Question
How important are the bank stress tests?
Are they connected to the forex market? If my bank failed, is my forex earnings affected?
about 1 year ago
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about 1 year ago
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Hello mate! The government uses stress tests on banks to assess the health of the largest banks in the country. The main objective is to measure the endurance of banks during a further decline in the economy.
Yes. Bank stress test is somehow connected to forex market. Some pairs jumped during those times -- but it could just be coincidental.
No, your forex earnings will not be affected if your bank failed the stress test.
about 1 year ago
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