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Dealers swift to borrow from Fed under new rules (Reuters)

Started by riky, March 21, 2008, 04:01:20 AM

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riky

Dealers swift to borrow from Fed under new rules
    (Reuters)

 


Reuters - Primary dealers borrowed more than
$13.4 billion a day from the Federal Reserve in the latest
week, showing brokers were swift to take advantage of new rules
allowing them to obtain loans directly from the central bank.


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