UK banks’ dollar demand falls back sharply at BoE repo
British banks’ demand for U.S.
dollar liquidity from the Bank of England fell back sharply to
normal levels on Monday, after last week brought the strongest
demand since 2009, suggesting joint central bank action has
eased some money market tensions.
dollar liquidity from the Bank of England fell back sharply to
normal levels on Monday, after last week brought the strongest
demand since 2009, suggesting joint central bank action has
eased some money market tensions.
Posted by Reuters
