
The European Securities and Markets Authority (ESMA) has announced upcoming changes to the Euribor panel. Barclays Bank will be withdrawing from the Euribor panel, but ESMA has confirmed that the departure of Barclays poses no risk to the integrity or functioning of the Euribor benchmark.
This update is important for forex traders following Euribor-related instruments, as it indicates continued stability and reliability in the benchmark despite changes in panel composition. Traders can remain confident that Euribor will continue to serve as a robust reference rate for European money markets.
Original Source: FX News Group







