TOKYO, Dec 21 (Reuters) - The Bank of Japan on Tuesday
decided to extend its dollar swap agreement with the U.S. Federal
Reserve until Aug 1, 2011.
It will also continue dollar fund-supply operations until Aug
1 of next year, the BOJ said in a statement.
The BOJ's move is in step with the Fed's decision on Tuesday
to renew currency swap facilities with other major central banks
that were due to expire in January 2011.
The Fed reopened currency swap agreements with other major
central banks in May to help ease market strains in Europe,
reviving facilities put in place during the 2007-2008 credit
crunch brought about by the collapse of U.S. housing markets.
(Reporting by Leika Kihara; Editing by Nathan Layne)
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