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    Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

    • Post author:MiamiCrypto
    • Post published:April 25, 2023
    • Post category:Banking Crisis/CBDCs/central bank digital currencies/Central Banks/credit rating/Downgrade/Economics/emergency response/Liquidity/market observers/Moody's/Recession/Swap Lines/US Dollar

    After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response.…

    Continue ReadingCentral Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
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