ECB will work on new euro swap lines, Lagarde says
Lagarde told European lawmakers the ECB will work on swap lines to help foreign central banks borrow euros.
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Lagarde told European lawmakers the ECB will work on swap lines to help foreign central banks borrow euros.
The European Central Bank will be working on new swap lines for foreign central banks to help them borrow euros and strengthen the single currency, ECB President Christine Lagarde said on Monday."We will be working on swap lines that will be more responsive to the imperative of having a sovereign e…