# Did the Fed’s Dollar Swap Lines and FIMA Repos Work? | St. Louis Fed

> A St. Louis Fed analysis examines whether the expanded dollar swap lines and FIMA repo facility eased dollar shortages during the COVID-19 recession. It measures cross-currency bases between the US dollar and major currencies to assess effectiveness.

- Date: 2020-11-24 · published 2020-11-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/50080-did-the-fed-s-dollar-swap-lines-and-fima-repos-work-st-louis-fed
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

This is a monetary-policy research piece about global dollar funding conditions, with no direct effect on feed supply, demand or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-08 | [The Importance of the Fed’s Dollar Swap Lines and FIMA Repos \| St. Louis Fed](https://feedsoft.ai/events/50558-the-importance-of-the-fed-s-dollar-swap-lines-and-fima-repos-st-louis-fed.md) | -0.2% | -1.6% |
| DXY | 2020-12-17 | [Fed’s dollar swap lines and ‘Fima’ facility to run nine more months - Central Banking](https://feedsoft.ai/events/49844-fed-s-dollar-swap-lines-and-fima-facility-to-run-nine-more-months-central.md) | +0.2% | -0.2% |
| DXY | 2018-04-27 | [And The U.S. Dollar?](https://feedsoft.ai/events/65691-and-the-u-s-dollar.md) | +0.7% | +1.9% |
| DXY | 2020-07-30 | [US dollar funding tensions and central bank swap lines during the COVID-19 crisis](https://feedsoft.ai/events/52302-us-dollar-funding-tensions-and-central-bank-swap-lines-during-the-covid-19.md) | -0.3% | -0.5% |
| DXY | 2020-09-23 | [Dollar rallies as Fed, COVID-19 and recovery worries swirl \| Financial Post](https://feedsoft.ai/events/7695-dollar-rallies-as-fed-covid-19-and-recovery-worries-swirl-financial-post.md) | +0.8% | -1.4% |

## Sources

- stlouisfed.org: https://www.stlouisfed.org/on-the-economy/2020/november/fed-dollar-swap-lines-work

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.