Solved: Why did fed extend currency swap lines to the central banks, Financial Management

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Why did fed extend currency swap lines to the central banks

Discussion Post: Currency Swaps

Read the article: "The Fed is extending its currency exchange program to more central banks around the world" by Jeff Cox.

Why did the Fed extend currency swap lines to these Central banks? Other than central banks who else enters currency swaps?

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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