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View Full Version : New York Fed May Demand Europe's Banks Produce More Details on Liquidity - Bloomberg



NewsWhore
10-03-2011, 03:43 AM
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New York Fed May Demand Europe&#39;s Banks Produce More Details on Liquidity (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFWwLde9xXiE4N73JRkEW9RodpI9g&url=http://www.bloomberg.com/news/2011-10-02/new-york-fed-may-demand-europe-s-banks-produce-more-details-on-liquidity.html)
Bloomberg
A currency swap is a contract in which one party borrows one currency from another, and simultaneously lends another to the second party. Foreign-exchange swaps are used to raise foreign currencies for financial institutions and their customers, ...

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