Central banks step up dollar liquidity support

- By Riley Steward
- 20 Mar 2023

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Six of the world’s largest central banks announced co-ordinated action on March 19 to supply US dollar liquidity, aiming to counteract a possible liquidity crunch following the rescue of Credit Suisse.

The Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve and Swiss National Bank each announced they would move from weekly to daily operations to supply dollars.

They stated their aim is to enhance liquidity “via the standing US dollar liquidity swap line

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com