PDA

View Full Version : Bank of Japan Agrees With Federal Reserve to Swap Dollars, Yen - Bloomberg



NewsWhore
04-06-2009, 06:50 PM
<img alt="" height="1" width="1">
Bank of Japan Agrees With Federal Reserve to Swap Dollars, Yen (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaxFxsvFTgE2Y%26refer%3Djapan&cid=1327865678&ei=dnraSazHAY_G6APAwfjbCA&usg=AFQjCNEyqvP8uZtZg-jutAerPQAj_QkmBQ)
Bloomberg
The arrangements “would enable the provision of foreign currency liquidity by the Federal Reserve to US financial institutions,” the Bank of Japan said. Major central banks struck an agreement in September to provide up to $60 billion to local and ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaxFxsvFTgE2Y%26refer%3Djapan&cid=1327865678&ei=dnraSazHAY_G6APAwfjbCA&usg=AFQjCNEyqvP8uZtZg-jutAerPQAj_QkmBQ)