(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.
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)