World Banks in bid to ease crisis

Central banks around the world today made their latest attempt to ease the crisis gripping banks with a US$180bn (€124bn) cash injection.

World Banks in bid to ease crisis

Central banks around the world today made their latest attempt to ease the crisis gripping banks with a US$180bn (€124bn) cash injection.

The US Federal Reserve is pumping the money into overnight dollar markets after lending between banks fearful of losses virtually ground to a halt in a week of turmoil.

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