Monday, December 1, 2008
Fed's forex swaps decline by $85.5 billion in the latest week
Foreign exchange holdings of the Fed declined by $85.5 billion in the latest week. I do not know if that is due to some of these swaps being settled, or if the decline is due to mark-to-market losses in forex positions. (Probably the former, as currencies foreign currencies rallied in the week in question.)
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