28.01.2010 - U.S. to end currency swap lines with S. Korea, others
From Yonhap: The U.S. Federal Reserve said Wednesday it will terminate currency swap lines with the central banks of South Korea and several other countries next week amid growing signs of economic recovery and stabilizing global financial markets. The announcement comes one day after the International Monetary Fund raised the global economic growth projection to 3.9 percent for this year. It is up from an earlier forecast of 3.1 percent, and remarkably higher than last year's 0.8 percent contraction in the global economy......................................Full Article: Source
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