Federal Reserve and other central banks announce an extension of the existing temporary U.S. dollar liquidity swap arrangements through August 1, 2012

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Federal Reserve and other central banks announce an extension of the existing temporary U.S. dollar liquidity swap arrangements through August 1, 2012

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The following press release was published by the Board of Governors of the Federal Reserve System on June 29, 2011. It is reproduced in full below.

The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today announced an extension of the existing temporary U.S. dollar liquidity swap arrangements through Aug. 1, 2012. The Bank of Japan will consider the extension at its next Monetary Policy Meeting. The swap arrangements, established in May 2010, had been authorized through Aug. 1, 2011.

Information on the actions taken by other central banks is available at the following websites: Bank of Canada Bank of England European Central Bank Swiss National Bank

Source: Board of Governors of the Federal Reserve System

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