Currency Wars and ECB's Shrinking Balance Sheet

From Recent Commentaries | Safehaven.com
January 25, 2013 - 4:21pm

Are the euro's gains just starting as the ECB balance sheet shrinks further from LTRO repayment? 278 European banks have repaid 137 bn EURO in the first LTRO operation, which raised 489 bn EURO in December 2012.


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