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The ECB announces the extension of bilateral liquidity lines in euros with non-euro zone central banks

The European Central Bank announced on Thursday that it has extended temporary liquidity lines in euros until March 2022, as reported by Reuters.

The extensions are with the central banks of Croatia, Albania, Hungary, the Republic of North Macedonia, San Marino, Romania and Serbia, the ECB noted in its press release.

Market reaction

The Euro Stoxx 50 rose slightly on the announcement and was last seen gaining 0.32% on the day at 3.621. Meanwhile, the shared currency struggles to find demand, with the EUR / USD losing 0.36% at 1.1990.

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