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Currencies with higher interest rates become more attractive to foreign exchange traders when United States rates fall.
Foreign exchange traders said the suspensions were based on what the bank considered improper entertaining of Mr. Rusnak.
Foreign exchange traders say these options were so attractive to the buyer that the buyer should have asked questions.
Several foreign exchange traders said this would not have been difficult because currency trading can be arcane.
The Bank suspending an employee last week, and released details of minutes held with foreign exchange traders over many years.
A wider range means that foreign exchange traders will be required to post more capital before placing large bets on the currency.
Similar(26)
She is a foreign exchange trader and an analyst at the Federal Reserve Bank of New York.
The bridegroom, 28, is a foreign exchange trader at Chase Manhattan Bank in New York.
"If a foreign exchange trader makes a deal then they know two days later how much they made.
Her father retired as a foreign exchange trader in the trading unit of the American International Group, the insurance company, in Greenwich.
On the one hand, he is a big foreign exchange trader involved in transactions worth about $200bn annually.
More suggestions(18)
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