Sentences with phrase «financial intermediaries towards»

However, a shift by financial intermediaries towards borrowing in euros and UK pounds, as they seek to diversify their funding sources, saw those currencies» share of offshore foreign currency issuance increase sharply to almost 30 per cent.

Not exact matches

The argument is that individuals could opt out of Ripple at some point when they do not want anything to do with financial institutions and banks and instead turn towards one on one dealings without the need for intermediaries.
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