Third, an interest rate corridor, with a 200-basis points margin, will be established comprising a new Standing Deposit Facility at the Bank of Botswana at 100 basis points below the Monetary Policy Rate and a Standing Credit Facility at 100 basis points above the Monetary Policy Rate.
As regards the liquidity in dollars, we just announced last Thursday the agreement between five central banks, which has been well understood by the observers and illustrates the very close cooperation which exists, in particular between the Federal Reserve System and the ECB. BIS central bankers’ speeches  3