Foreign Exchange
(asked on 2nd April 2025) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of (1) the possibility of, and (2) dangers from, a 'liquidity mirage' in foreign exchange markets.
This question was answered on 9th April 2025
The Bank of England’s Financial Policy Committee is responsible for identifying, monitoring and addressing any risks that threaten the resilience of the UK financial system, including foreign exchange markets.
UK regulators, and the Bank of England, in conjunction with their counterparts in other jurisdictions, monitor markets, including foreign exchange markets so as to ensure that they support the UK financial system and economy.