The European Central Bank (ECB) said today it was ready to react to any disturbances on the financial markets following the launch of the first US military attacks against Iraq.
"After the September 11th attacks in the US, we showed that we were in a position to react to any disturbances, even on the same day," a central bank spokesman said.
In the wake of the attacks on the World Trade Center in New York, the ECB injected liquidity into the markets to help stabilise the global financial system.
In the weeks following, the ECB cut its key interest rates in a concerted move with the world's other major central banks.
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AFP