FRANKFURT – The European Central Financial institution is able to lengthen all present liquidity services with non-euro zone central banks till Jan. 15, 2024, it mentioned on Friday.
The ECB has momentary swap and repo strains with the central banks of Poland, Hungary, Romania, Albania, Andorra, North Macedonia and San Marino.
A legacy of the pandemic, the services present euro liquidity to non-euro space central banks with the intention of lowering dangers associated to sell-offs euro-denominated belongings.
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