FIVE YEARS AGO IN FX WEEK
FIVE YEARS AGO IN FX WEEK
FX Week, June 14, 1991
ACI Council Focuses on Kuwait Crisis
The principal issues at last week's Association Cambiste Internationale Council meeting in Madrid last week was the industry's lack of readiness for the freeze on Kuwaiti banks foreign exchange transactions during the Gulf crisis. The Council has named a committee, mostly German members, to draw up guidelines for banks in the future.
FCMs Open Currency Desks
Two more futures commission merchants have opened currency desks to expand their
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