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Oct. 16 (Bloomberg) — Brazil eased rules for banks to buy loans from other lenders that may need cash with reserves that are deposited with the central bank.
Money markets on a recovery path as states pump in cash (Express India)
Tensed money markets, took a breather as the cost of borrowing dollars in London fell, rounding off the first weekly decline since July, after central banks around the world pumped unprecedented amounts of cash into money markets and governments backed loans.
Dollar Libor Logs First Weekly Drop Since July on Cash Funding (Bloomberg)
Oct. 17 (Bloomberg) — The cost of borrowing dollars in London fell, capping the first weekly decline since July, after central banks around the world pumped unprecedented amounts of cash into money markets and governments backed loans.
Pakistan seeks cash amid financial crunch (San Francisco Chronicle)
Pakistan’s new leaders are scrambling for foreign cash to ward off a possible economic meltdown at a time when they are trying to contain soaring violence by Islamic fundamentalists. Battered by high inflation and a plunging currency, the nuclear-armed…
Pakistan seeks cash amid financial crunch (AP via Yahoo! News)
Pakistan’s new leaders are scrambling for foreign cash to ward off a possible economic meltdown at a time when they are trying to contain soaring violence by Islamic fundamentalists.