Fed will provide European central banks with U.S. dollars:

05/10/2010 | Bloomberg · CNBC

The Federal Reserve will begin providing U.S. dollars to central banks in Europe to prevent the spread of the continent's sovereign-debt crisis. Restarting the emergency currency-swap tool will allow the European Central Bank, the Swiss central bank and the Bank of England to provide dollars to markets as needed.

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Bloomberg · CNBC

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