30 November 2011
30 November 2011
Bank of Canada joins central banks to prevent new credit crisis
The Bank of Canada joined other five central banks in implementing pre-emptive measures for avoiding a new global credit crisis that may cause another recession. On Wednesday the European Central Bank, the U.S. Federal Reserve, the Bank of England and the central banks of Canada, Japan and Switzerland announced they will make a cheaper access to U.S. dollars for banks… Read more |