3 ms·
Banks move a trillion a day? Granted you could be right in about a month.
by noah_buddy 4y ago
Banks move a trillion a day? Granted you could be right in about a month.
- T-A 4y agoTurnover in global foreign exchange (FX) averaged more than $7.5 trillion per day in April 2022 https://www.bis.org/publ/qtrpdf/r_qt2212f.htm https://www.bis.org/publ/qtrpdf/r_qt2212f.htm
- Agingcoder 4y agoDoes this take netting into account? Bank a owes 100 usd to bank b, bank b owes 100 usd to bank a, net bank flow is zero.