Exclusive-Bank of England checks the dollar risk lenders between Trump problems, resources say
It is Stefania Spezzati, Jesús Aguado and Lawrence White
London (Reuters) – English bank asked for some lenders to examine their intensity of dollars, three sources, the latest sign that Trump Administration policies strengthen financial trust.
Like the leading currency plan and the flow of money, the US dollar is the financial life of the world.
However, President Donald’s Donald’s Donald’s Standard Policy from places as free and protection has filed policies to see if the dollars are not trusted.
After the same interest in Europe, bank in the London Financial Hub in the City of London Financial Hub, requesting that other lenders examine their US and their qualifications, including short-term needs, one of the people who told Reuters.
In another event, one international Bank based on the weeks recently passed through the pressure test in the inside, including situations where the US dollars change completely, means one of the sources.
The Boe’s Supervisory arm, Predeal Authority Authority (Pruk), apply to other banks, the person added.
No bank that can withstand such a shock of more than a few days, according to one of the resources, given dollar rule in international financial systems and its dependence.
If the dollar should be difficult to find and expensive for banks, it may interfere with their ability to continue to claim money. Finally, the bank that strives to access dollars can fail to meet deposit requests, undermine the confidence and cause another exit.
While the situation is recognized as extreme and possible, administrators and banks are no longer achieving dollars.
English Bank spokesman refused to comment on this article. Main bank representatives in the UK have international businesses include Barclays, HSBC and Chartated Chartated and Decreased to comment.
International banks have important dollars in their equal sheets, which makes them vulnerable to a surprise.
While the Unitedstor Reserve Reserve wants to continue making dollars available in the Financial Program, Trump’s Shiffs Pits increased Europe Allies to reset their dependence on Washington.
At that time, Trump’s repeated chair of the seat of the seat of the seat of the seat in Joded Jerome Powell is reported that Central Bank Chief can arouse concerns about loss of FED AND REPERCURSTSTIONS in the dollar.
