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View Full Version : Central Banks Urged to Take More Active Role in Fighting Euro Debt Crisis - Bloomberg



NewsWhore
11-30-2011, 06:10 AM
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Central Banks Urged to Take More Active Role in Fighting Euro Debt Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGxccx1CaPXmePkj-lPu6rjXGbwkA&url=http://www.bloomberg.com/news/2011-11-30/central-banks-urged-to-take-more-active-role-in-fighting-euro-debt-crisis.html)
Bloomberg
The three-month cross-currency basis swap, the rate banks pay to convert euros into dollars, was 159 basis points below the euro interbank offered rate in London, compared with minus 157 yesterday. The gap has widened from as little as minus 8 basis ...

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