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EUROPEAN CENTRAL BANK

ECB and other central banks extend their swap lines with Federal Reserve

(PresseBox) (Frankfurt am Main, )
The temporary reciprocal currency arrangements (swap lines) between the Federal Reserve and other central banks have been extended until 1 February 2010.

In particular, the Governing Council of the European Central Bank (ECB) and the Federal Open Market Committee of the Federal Reserve have extended until 1 February 2010 their respective swap lines, whereby the Federal Reserve makes US dollar liquidity available to the ECB while the ECB makes euro liquidity available to the Federal Reserve for distribution, when needed, to their respective counterparties.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.