ECB Says Banks’ Emergency Borrowing Jumped to 4.6 Billion Euros
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The European Central Bank said euro-area banks increased emergency overnight borrowing to 4.6 billion euros ($6.7 billion) from 2.2 billion euros on the previous business day.
Financial institutions also parked more money with the Frankfurt-based central bank, depositing 202 billion euros overnight, up from 188 billion euros the previous day.