Bank of Japan announces dollar swap with US Fed (33 mins ago) The Bank of Japan announced a dollar swap of up to US$60 billion with the US Federal Reserve as part of a coordinated action by the world's central banks faced with market turmoil. The Japanese central bank said in a statement that it held an emergency meeting to supply US dollar funds to market participants in Japan in conjunction with the Fed. It said that the European Central Bank, the Bank of Canada, Bank of England and Swiss National Bank were taking part in coordinated measures. "These measures,...
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Bank of Japan announces dollar swap with US Fed
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