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20 March 202019.33 Federal Reserve, Bank of Canada, Bank of England, Bank of Japan, ECB and Swiss National Bank have announced coordinated action to strengthen dollar swap lines and offer more liquidity. Operations will take place daily and no longer weekly. The initiative, which will remain in effect for as long as necessary, is part of the coordinated actions between central institutions to respond to the economic fallout of the coronavirus pandemic.Virus, central bank coordinated action
2020-03-20T19:17:39.787Z
19.33 Federal Reserve, Bank of Canada, Bank of England, Bank of Japan, ECB and Swiss National Bank have announced coordinated action to strengthen dollar swap lines and offer more liquidity. Operations will take place daily and no longer weekly. The initiative, which will remain in effect for as long as necessary, is part of the coordinated actions between central institutions to respond to the economic fallout of the coronavirus pandemic.
Source: rainews