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Major central banks to provide dollars to markets: ECB

FRANKFURT : The world's leading central banks have decided on coordinated action to provide the markets with additional
Published Updated

ecb2_400FRANKFURT: The world's leading central banks have decided on coordinated action to provide the markets with additional dollar liquidity, the European Central Bank said on Thursday.

The announced drove up European bank shares sharply, and European stock indices rose by about 3.0 percent.

 

Copyright AFP (Agence France-Presse), 2011

 

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