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Fed, dollars to other central banks

2020-03-31T13:18:38.244Z


The Fed also helps other central banks, to which it will offer dollars to facilitate the functioning of the financial markets. (HANDLE)


(ANSA) - NEW YORK, MARCH 31 - The Fed also helps other central banks, to which it will offer dollars to facilitate the functioning of the financial markets. The temporary repo facility - which will open on April 6 and will continue for at least six months - will allow participants to temporarily exchange the dollar for dollars, which will then be made available to institutions in the jurisdictions in which the central banks operate.

Source: ansa

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