$10bn will be available to banks under the USD liquidity facility. The stress tests are being postponed to 2021 to free up banks' operational capacity.
April 23, 2020US dollar shortages could constrain policy responses aimed at cushioning emerging market economies from the Covid-19 shock.
April 14, 2020Foreign central banks can temporarily exchange their US Treasury holdings with the Fed for US dollars, which can then be made available to institutions in their own jurisdictions.
April 1, 2020