|currency pair||Interbank market(1)||Bank of America||fargo wells||OANDA|
- These rates are average rates compiled by the Federal Reserve System.
What is counterparty risk?
According to the news and education website, InvestopediaCounterparty risk is defined as the possibility or probability that one of the parties involved in a transaction may default on its contractual obligation. Counterparty risk may exist in credit, investment and trade transactions.