Believing much of this week's central bank action to be symbolic, Fitch says already dwindled EU...

|By:, SA News Editor

Believing much of this week's central bank action to be symbolic, Fitch says already dwindled EU bank access to dollars could get worse. The challenge is especially significant for French banks as 54% of U.S. money market fund exposure to the lenders matures in 7 days or less as of the end of October vs. just 7% at the end of June.