Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Top central banks move to avoid global liquidity crunch DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Top central banks move to avoid global liquidity crunch

Post new topic   Reply to topic

Go down

Top central banks move to avoid global liquidity crunch Empty Top central banks move to avoid global liquidity crunch

Post by lexie Wed Nov 30, 2011 5:28 am

WASHINGTON | Wed Nov 30, 2011 8:23am EST

Top central banks move to avoid global liquidity crunch

(Reuters) - Central banks from the world's leading developed economies said on Wednesday they will take coordinated steps to prevent a lack of liquidity in the global financial system.

The U.S. Federal Reserve, the European Central Bank and the central banks of Canada, Britain, Japan and Switzerland said in a joint statement they had agreed to lower the cost of existing dollar swap lines by 50 basis points from December 5, as well as take other measures.




http://www.reuters.com/article/2011/11/30/us-eurozone-cenbanks-idUSTRE7AT13K20111130


*****************
"WHEN THE POWER OF LOVE OVERCOMES THE LOVE OF POWER, THE WORLD WILL KNOW PEACE"
lexie
lexie
Elite Member
Elite Member

Posts : 1812
Join date : 2011-06-24

View user profile

Back to top Go down

Top central banks move to avoid global liquidity crunch Empty Re: Top central banks move to avoid global liquidity crunch

Post by Guest Wed Nov 30, 2011 5:56 am

oh, God, lets devalue the dollar!

Guest
Guest


Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum