Thursday, December 13, 2012

Reuters: US Dollar Report: FX swaps with foreign cenbanks totaled $7.107 bln this week-NY Fed

Reuters: US Dollar Report
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
FX swaps with foreign cenbanks totaled $7.107 bln this week-NY Fed
Dec 13th 2012, 21:11

NEW YORK | Thu Dec 13, 2012 4:11pm EST

NEW YORK Dec 13 (Reuters) - The Federal Reserve provided $7.107 billion in liquidity to foreign central banks in the latest week via its swap lines, New York Fed data showed on Thursday.

The European Central Bank was the only central bank to tap the swap lines. The ECB was provided $4.08 billion for a term of seven days at a rate of 0.66 percent, while the remaining $3.027 billion in financing was for 84 days and a rate of 0.64 percent.

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 emergence of strains in short-term funding markets in Europe.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.