Dollar liquidity in question as central banks try to halt panic

By Jasper Cox
23 Mar 2020

A rush to dollars in recent days has caused dysfunctions in various corners of the financial markets. The US Federal Reserve has rushed to put out the flames, including with new measures on Monday.

A scarcity of dollars has put pressure on borrowers, particularly corporates and those in emerging markets, and disrupted the world’s financial plumbing.

On Monday, the Fed acted once more to stabilise short-term dollar funding. It said it was expanding the funding facility for commercial paper (CPFF) and the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.