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Coordinated Central Bank Action to Address Pressures in Global Money Markets
Coordinated Central Bank Action to Address Pressures in Global Money Markets
In response to continued strains in short-term funding markets, central banks today are announcing further coordinated actions to expand significantly the capacity to provide U.S. dollar liquidity.
Published on
29 September 2008
Central banks will continue to work together closely and are prepared to take appropriate steps as needed to address funding pressures.
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