Reserve currency, Bank of England, Bank, Central banks, Currency, Monetary policy

Fed extends pandemic-related dollar 'swap' lines for 9 other central banks

Le Dec 16, 2020
@Reuters a partagé
Fed extends pandemic-related dollar 'swap' lines for 9 other central banks https://t.co/SpowkMfjKb https://t.co/8GPLwhyjCa
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The Federal Reserve will keep dollar "swap" lines open for nine mid-sized foreign central banks until Sept. 30, 2021, extending a program established early in the coronavirus pandemic to help ease global financial stress.

www.reuters.com
Le Dec 16, 2020
@Reuters a partagé
Fed extends pandemic-related dollar 'swap' lines for 9 other central banks https://t.co/SpowkMfjKb https://t.co/8GPLwhyjCa
Open

Fed extends pandemic-related dollar 'swap' lines for 9 other central banks

Fed extends pandemic-related dollar 'swap' lines for 9 other central banks

The Federal Reserve will keep dollar "swap" lines open for nine mid-sized foreign central banks until Sept. 30, 2021, extending a program established early in the coronavirus pandemic to ...

Fed opens dollar swap lines for nine additional foreign central banks

Fed opens dollar swap lines for nine additional foreign central banks

The U.S. Federal Reserve opened the taps on Thursday for central banks in nine a...

Swapping panic for calm The successes of the Fed’s dollar-swap lines

Swapping panic for calm The successes of the Fed’s dollar-swap lines

America’s central bank shines in a global role it resents

The Dollar shortage of 2018 and maybe 19

The Dollar shortage of 2018 and maybe 19

Today we return to a topic which has been regularly in the headlines in 2018. We started the year with the US administration that looking like it was talking the US Dollar lower in line ...

Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index

Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index

The U.S. dollar index could fall as low as 85 as the Fed expands its balance sheet, says Mohammed Apabhai, head of Asia Pacific trading strategies group at Citi.

Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations

Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations

Just recently the U.S. central bank has opened 14 swap lines in order to send dollars to countries who need them.

Federal Reserve cuts rates to zero to support the economy during the coronavirus pandemic

Federal Reserve cuts rates to zero to support the economy during the coronavirus pandemic

In a bold, emergency action to support the economy during the coronavirus pandemic, the Federal Reserve on Sunday announced it would cut its target interest rate near zero.

Fed sets swap lines with 9 more central banks in move to ease dollar lending strain

Fed sets swap lines with 9 more central banks in move to ease dollar lending strain

The Federal Reserve on Thursday announced it had set up temporary U.S. dollar swap lines with nine additional central banks to help lessen the strains in...

Would the Fed establish a swap line with Turkey?

Would the Fed establish a swap line with Turkey?

Analyzing the Fed swap list of and criteria, economist Selva Demiralp comments that a swap line with Turkey is not likely unless a change in conditions.

Experts Tell Congress It’s Time To Create A ‘Digital Dollar’

Experts Tell Congress It’s Time To Create A ‘Digital Dollar’

At a congressional hearing Thursday, experts discussed how and why the Federal Reserve should issue digital dollars in a bid to boost financial inclusion.

Video: Central Bank Woes

Video: Central Bank Woes

In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil.

Ankara’s dream of Fed swap line

Ankara’s dream of Fed swap line

Since the COVID-19 crisis erupted, Turkish Central Bank’s reserves fell nearly 20 billion dollars. Now, the thought of “Can there be a swap line opened from the U.S. Central Bank Fedreserve ...

Central Bank Digital Currencies — A Map of the World

Central Bank Digital Currencies — A Map of the World

Central bank digital currencies are being talked about all over the world — CMC breaks down what exactly each country is doing (or not doing!) with their CBDCs.

Recent Global Developments and Central Bank Responsibilities in a Changing Risk Landscape

Recent Global Developments and Central Bank Responsibilities in a Changing Risk Landscape

Remarks at the Official Sector Service Providers (OSSP)-Bank Negara Malaysia (BNM)-South East Asian Central Banks (SEACEN) Research and Training Centre Forum on Central Bank Foreign ...

Fear of Facebook spurs calls for Fed to build rival digital currency

Fear of Facebook spurs calls for Fed to build rival digital currency

The head of the Bank of England has floated the idea that central banks could create a network of digital currencies to replace the dollar as the world's reserve currency. Those discussions ...

How Fed Swap Lines Supported the U.S. Corporate Credit Market amid COVID-19 Strains

How Fed Swap Lines Supported the U.S. Corporate Credit Market amid COVID-19 Strains

The onset of the COVID-19 shock in March 2020 brought large changes to the balance sheets of the U.S. branches of foreign banking organizations (FBOs). Most of these branches saw sizable ...

Coordinated central bank action to further enhance the provision of global US dollar liquidity

Coordinated central bank action to further enhance the provision of global US dollar liquidity

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further ...

Bitcoin price hit by dramatic value fluctuations amid coronavirus panic buying and selling

Bitcoin price hit by dramatic value fluctuations amid coronavirus panic buying and selling

'This is the first time the world has faced an economic crisis when there has been an alternative financial system,' one analyst says

Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership

Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership

Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital ...