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Possibly eyeing a developing EU banking crisis, the Fed extends its currency swap lines,...

Possibly eyeing a developing EU banking crisis, the Fed extends its currency swap lines, allowing foreign central banks to exchange unlimited amounts of their own currency for dollars. Only $60M of these lines are now in use, compared to $9B during May's Greek crisis, and $583B at the height of the GFC.
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  • bpmf
    , contributor
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    Bennie! merci beaucoups mon cherie amour!
    21 Dec 2010, 05:14 PM Reply Like
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