The FED, ECB, BOJ, NHTƯ (BOE) and NHTƯ Switzerland (SNB) are announcing thethe plan of action in common efforts to ensure liquidity for the abilitythe global banking system is being strained by the breakdown of the credit riskspread. Accordingly, the FED along 4 Bank on the coordination planthe auction aims to support credit cash for commercial banks toend of 2008. The Fed will pump 620 billion dollars into the banking system and the licensing agreementthe "switch" with the powerful NHTƯ group in the world.Besides, the ECB also announced plans to coordinate action with theNHTƯ to extend the loan by USD for the commercial bankCommerce are trapped cash. In which increasing the loan amount by USD spentfor the commercial banking area the Eurozone and put the money for the loan from the ECBup 160-170 billion dollars for the loan duration from 1 day to 84 days. Next, the ECBhave more pump 50 billion dollars into the market while the BOE and SNB each bankpouring an additional 10 billion dollars to enhance credit stress in the systemthe Bank
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