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Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says A central bank-issued digital currency (CBDC) could fuel faster bank runs during periods of financial stability, the Bank of International Settlements (BIS) said Monday. The institution - considered by some to be the "central banks' central bank" - argued those looking to develop and launch a wholly digital ...
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Canada's dollar at risk even without trade issues The Canadian dollar, even without trade talk volatility, could see a decline if the Bank of Canada looks like it may raise interest rates less than expected. Both trade risk and central bank risk could impact the Canadian currency or "loonie," nicknamed for the loon, a bird with an eerie cry that breeds in ...
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