ECB makes euro backstop global to bolster currency's role - CNBC
business 2026/02/14 16:45:06

ECB makes euro backstop global to bolster currency's role - CNBC

Source:CNBC
Author:Reuters

Used ‌when banks can’t get funding on the market, the repo line allows lenders to borrow euros from the ECB against collateral, to be repaid with interest.