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EFFET CARROUSEL [1 record]

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Record 1 1998-03-16

English

Subject field(s)
  • Banking
  • Financial Institutions
DEF

The circulation of money through various sources, ending up where it started. For instance the German Central Bank recycles excess capital by selling U.S. dollars to banks under a repurchase agreement and the banks place the U.S. dollars in the Euromarket. As the financial institutions could run up a U.S. dollar debt on the Euromarket, the Central Bank must buy back the U.S. dollars and sell domestic currency to avoid an excessive increase in the mark.

French

Domaine(s)
  • Banque
  • Institutions financières

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
  • Instituciones financieras
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