Bank of England loans $30bn to ease crisis

Central banks including the Bank of England stepped up their efforts to ease the crisis in the global banking system today.

Bank of England loans $30bn to ease crisis
Fri, 26 Sep, 2008 - 10:21

Central banks including the Bank of England stepped up their efforts to ease the crisis in the global banking system today.

The Bank of England will lend $30bn (€20bn) for a one-week period, with another $10bn (€6.8bn) being made available on an overnight basis.

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