World News

UK banks’ dollar demand rises to $3.555 billion: BoE repo operation

LONDON (Reuters) – British banks’ demand for U.S. dollar liquidity from the Bank of England rose to $3.555 billion on Tuesday, the central bank said.

The figure was up from $5 million on Monday but lower than demand of $8.210 billion at a regular weekly operation on March 18, the most lent in a single operation since February 2009.

(Writing by William Schomberg)