The Federal Reserve provided $1.426 billion of liquidity to foreign central banks in the latest week via its swap line facility, the New York Fed said on Thursday... The Federal Reserve has established swap arrangements with the Bank of Canada, the Bank of England, the European Central Bank, the Swiss National Bank and the Bank of Japan in an effort to respond to the reemergence of strains in short-term funding markets in Europe...

Topics:  new york fed   canada   england   central bank   swiss national bank   japan   federal reserve   fed   bank   europe   foreign   week   swap   
BING NEWS:
  • China kicks off 500 bln yuan swap facility to aid stock market
    China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to ...
    10/9/2024 - 3:27 pm | View Link
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