Large amounts of money were injected
into several other banks, including newly merged HBOS - Lloyds TSB, which received # 17 billion.
The
banks says the long - oversupplied oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and
several other producers eat
into the world's crude stockpiles.
Continuing
into the early afternoon, the panel moved through
several tangential topics, all of which seemed to be laying a foundational understanding for how central
bank digital currencies (CBDCs) might emerge relative to
other possibilities, including government - issued cryptocurrencies, e-money, and digital fiat currency (DFC).