Central banks activate contingency plans amid Covid-19 pandemic

In addition to increasing liquidity provisions and interest rate moves, central banks and regulators are doing their utmost to protect their staff during the coronavirus outbreak.

Across the globe, central banks have deployed a series of measures to ensure critical functions are maintained now that the virus has been deemed a pandemic by the World Health Organisation.

Today (March 16), the Bank for International Settlements announced that a member of staff working at its headquarters in Basel

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