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Federal Reserve’s Emergency Bank Financing Plan Boosts US Dollar Anchor Price

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It is reported that in the early morning of March 13, Beijing time, after the Federal Reserve announced the new emergency bank regular financing plan and suppor

Federal Reserves Emergency Bank Financing Plan Boosts US Dollar Anchor Price

It is reported that in the early morning of March 13, Beijing time, after the Federal Reserve announced the new emergency bank regular financing plan and supported the Silicon Valley bank depositors to use funds on Monday, local time, the US dollar anchor price rebounded, and the US dollar anchor has been basically restored. According to the data of coingecko, the current trading price of the US dollar is US $0.991933, up 2.7% in the past 24 hours, and its market value has returned to above US $40 billion, At the time of writing, this article reached US $40427940918. （cryptoglobe）

The market value of USDC returned to above $40 billion

Analysis based on this information:


The message reports a recent surge in the US dollar anchor price after the Federal Reserve announced an emergency bank regular financing plan. It states that the Silicon Valley bank depositors will be allowed to use their funds on Monday, local time, which has further strengthened the US dollar anchor price. According to coingecko’s data, the US dollar’s current trading price is US $0.991933, indicating a 2.7% increase in the past 24 hours, with a market value of over US $40 billion at the time of writing.

The message highlights the Federal Reserve’s efforts to boost the US economy amidst the current financial crisis. The emergency bank regular financing plan is a significant step towards stabilizing the financial markets, which have experienced massive disruptions due to the COVID-19 pandemic. The plan aims to provide additional liquidity to banks and support lending activities to individuals and businesses. By doing so, it ensures that the banks can meet their obligations and ease the credit crunch.

The US dollar anchor price rebound is a positive sign for the US economy, and it indicates a restored confidence in the government’s financial policies. The Silicon Valley bank’s decision to allow depositors to use their funds is also indicative of the bank’s faith in the stability of the US financial system. As such, the US dollar anchor price surge is a reflection of the growing investor confidence in the US economy’s strength and resilience.

In conclusion, the Federal Reserve’s emergency bank regular financing plan has played a crucial role in boosting the US dollar anchor price. By providing additional liquidity to the banks, it has restored trust in the US financial system, which had been impacted by the COVID-19 pandemic. The US dollar’s recent resurgence signals a renewed confidence in the government’s financial policies, which will undoubtedly help stabilize the economy in these challenging times.

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