[ Reuters: Top News] Fed sets $30 billion swaps lines to ease credit strains

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[ Reuters: Top News] Fed sets $30 billion swaps lines to ease credit strains

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WASHINGTON (Reuters) - The U.S. Federal Reserve said on Wednesday that it had set up $30 billion worth of new currency swaps with central banks in Australia and Scandinavia, marking its latest bid to ease global credit market strains.




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