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Foreign Exchange

Icap stress tests for euro exit of all 17 eurozone currencies

Icap, the world’s largest inter-dealer broker, has tested its systems for the break-up of the single currency.

The broker, which caused a stir in November when it said it had stress tested for the exit of the drachma from the currency union, said it had completed tests for all 17 of the legacy currencies that would emerge should the euro be disbanded.

The death of the euro has the potential ...

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