I really don't know where is the wrongdoing of FED in this case. I think the
reason of using currency swap is that those foreign banks really need
dollar liquidity, but buying dollar in open market could create too much
volatility.
【在 L****a 的大作中提到】 : I really don't know where is the wrongdoing of FED in this case. I think the : reason of using currency swap is that those foreign banks really need : dollar liquidity, but buying dollar in open market could create too much : volatility.