Economics · Global Banking Systems
What is Fedwire?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An international regulatory body managing currency swaps
- 2A specialized credit facility used by the Federal Reserve Bank to make loans to member banks
- 3A real-time gross settlement funds transfer system operated by the Federal Reserve Banks✓
- 4A financial news network developed by the Federal Reserve Board
Correct answer
A real-time gross settlement funds transfer system operated by the Federal Reserve Banks
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