HSBC injects 530bn euros liquidity into 800 European banks

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  • Published On: March 01, 2012
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HSBC injects extra liquidity of 530 bn euro into 800 banks as a long-term refinancing operation (LTRO) for the second time after December's 489 bn euro allocation, exceeding street expectations. "We remain relatively bullish on the Euro in the medium term", says Dominic Bunning, FX Strategist from HSBC, Hong Kong.

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