Bloomberg Businessweek
By David Mc Hugh
FRANKFURT, Germany (AP) — Six of the world’s leading central banks, including the U.S. Federal Reserve, say they will provide each other with ready supplies of their currencies on a standing basis, extending arrangements set up to steady the global financial system during post-2007 turbulence.
The decision announced Thursday extends currency swap arrangements that until now had been considered temporary measures.
Read the whole article at : www.businessweek.com / link to original article
