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Reuters: Cenbanks turn on funding taps to tackle market squeeze

Started by dave, September 18, 2008, 12:00:22 PM

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dave

Cenbanks turn on funding taps to tackle market squeeze
      


FRANKFURT/TOKYO (Reuters) - The world's top central banks said on Thursday they will pump more than $180 billion in extra dollar funds into global money markets in a coordinated effort to ease a funding squeeze triggered by the upheaval on Wall Street.
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