Central banks to wind down daily US dollar liquidity operations
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Central banks to wind down daily US dollar liquidity operations 22 June 2020Frankfurt Reporter: Natalie Turner
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Major central banks in Europe, the US and Japan are set to reduce the frequency of their emergency seven-day US dollar operations due to a lack of demand and improving market conditions.
As of 1 July, the operations will shift from being offered daily to three times per week, which is still above the pre-crisis frequency of once a week.
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