ECB,Other Central Banks Extend Dollar, Swiss Franc Liquidity Operations
FRANKFURT -(Dow Jones)- The European Central Bank's Governing Council has decided, in agreement with other leading central banks, including the U.S. Federal Reserve, to continue conducting U.S. dollar liquidity providing operations from October 2009 to January 2010, the ECB said Thursday.
A similar decision has been taken by the Bank of England and the Swiss National Bank, the ECB said in a statement. The Bank of Japan also said it will continue dollar liquidity providing operations into January 2010.
In agreement with the Swiss National Bank, the ECB will also continue conducting Swiss franc liquidity providing swap operations until Jan. 31, 2010 "to support further improvements in the short-term Swiss franc funding markets."
Web site: www.ecb.int
-By Emese Bartha, Dow Jones Newswires; +49 69 2972 5516, emese.bartha@dowjones.com
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