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Announced Mon, 6 Jul · 13:22 IST

Global Market: ECB says Target 2 payment system back to normal after brief processing disruption

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AI summary

The ECB confirmed its Target2 payment system returned to normal after a brief processing disruption. T2 is the euro area's core real-time gross settlement system used by central banks and financial institutions for large-value payments. The issue delayed the start of the settlement window for euro and Danish krone transactions but has since been resolved.