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FIMA REPO FACILITY
Global Market: Japan warns against excessive currency volatility as Yen nears key thresholdJapan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...- Fed establishes standing repo facilities to support money marketsThrough the facility for foreign and international monetary authorities, known as the FIMA repo facility, the US central bank will enter in...
- RBI invested a record $12.8 bn in US Treasuries in JuneA big chunk of the flow could be attributed to record high forex reserves, which are largely lying idle. The currency market has not seen s...
- Fed to allow foreign central banks to swap US treasury for cashThe global shutdown of businesses around the world has wreaked havoc on financial markets as companies rush to secure cash to remain afloat...
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