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Top central banks launch new bid to keep dollars flowing

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AFP London

Leading central banks on Friday announced a new effort to keep dollars pumping through the virus-plagued world economy.

Starting on Monday, certain dollar liquidity operations among the banks will occur daily rather than weekly, according to a joint statement from the Federal Reserve, European Central Bank, Bank of Japan, Bank of England, Bank of Canada and the Swiss National Bank.

 

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First Published: Mar 20 2020 | 8:08 PM IST

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