sensitivity of these strains to risk sentiment deterioration. Cross-border flows through banks for excess liquidity support … facilities leaves longer-term patterns of cross-border liquidity and capital flows broadly unchanged. While official sector … liquidity hoarding and “dash for cash” activity are expected to be lower with access to these facilities, initial evidence does …

This paper provides a more thorough empirical examination of the development and determinants of the liquidity position … and monetary policy implications of the liquidity problems arising in the crisis and stabilization process after that. The … and simultaneously - there was no time for the slow restructuring, thus liquidity needs were higher than generally. …