TOKYO
christian louboutin outlet store , May 10 -- The Bank of Japan (BOJ) indicated Monday it will participate in temporary dollar swap arrangements with the U.S. Federal Reserve, the European Central Bank as well as other central banks in a move to conciliate increasing tensions in global financial markets.
"In response to the re-emergence of strains in U.S. dollar short-term funding markets in Europe, the Bank of Canada, the Bank of England, the European Central Bank
Jerseys For Sale, the Federal Reserve, and the Swiss National Bank are announcing the re-establishment of temporary U.S. dollar liquidity swap facilities," the BOJ said in a statement prior to an emergency Policy Board meeting.
"These facilities are designed to help improve liquidity conditions in U.S. dollar funding markets and to prevent the spread of strains to other markets and financial centers
christian louboutin outlet store ," the statement went on to say adding that, "The Bank of Japan will be considering similar measures soon
christian louboutin outlet store ," the BOJ said. "Central banks will continue to work together closely as needed to address pressures in funding markets."
Hirohide Yamaguchi
christian louboutin outlet store , BOJ's Deputy Governor, is scheduled to hold a news conference following the conclusion of the central bank's emergency Policy Board meeting.