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  • UK Treasury Statement On Financial Support To The Banking Industry

    Date 13/10/2008

    With continuing exceptional instability in the global financial markets, the Government is today taking decisive action, by implementing the comprehensive set of measures it announced on 8 October, to make commercial investments in UK banks and building societies to help stabilise their position and support the long term strength of the economy.

  • Trading On RTS Stock Market Resumed

    Date 13/10/2008

    In accordance with the Federal Financial Markets Service’s instruction, trading on RTS Stock market is resumed on October 13, 2008 at 10.30 in the usual way.

  • Statement By IMF Managing Director Strauss-Kahn On Hungary

    Date 13/10/2008

    Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement today on Hungary: “Against the background of global financial turbulence, Hungary's government securities market and some other key markets have experienced stress over recent days. These pressures emerged despite the country’s improved macroeconomic and financial policies of the past years, which include a strengthening of its fiscal position, a narrowing of the cu

  • Federal Reserve And Other Central Banks Announce Further Measures To Provide Broad Access To Liquidity And Funding To Financial Institutions

    Date 13/10/2008

    The BoE, ECB, and SNB will conduct tenders of U.S. dollar funding at 7-day, 28-day, and 84-day maturities at fixed interest rates for full allotment. Funds will be provided at a fixed interest rate, set in advance of each operation. Counterparties in these operations will be able to borrow any amount they wish against the appropriate collateral in each jurisdiction. Accordingly, sizes of the reciprocal currency arrangements (swap lines) between the Federal Reserve and the BoE,

  • Dow Jones STOXX 600 Factoids - October 10, 2008

    Date 13/10/2008

    As of October 10, 2008 Dow Jones STOXX 600, down 56.30 points this week, or 21.5%, to 205.13 The index is down for the fourth straight week and five of the last six. It is down 26.8% over the last four weeks. This is the largest weekly point and percentage decline in its history. Today, the Dow Jones STOXX 600 is down 16.65 points, or 7.5%. The index is down for the fifth straight trading day and six of the last seven. It is down 21.5% over the la

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