As Banks became more and more averse to lending, the supply of dollars available to the currency market shrank, and the dollar gained against other currencies such as the 15-nation euro.
"Market intelligence suggested that a number of euro-banks had begun to reduce their lending across a broad range of sectors, particularly overseas," they said.
他们称：“市场情报显示为数不少的欧元区银行已经开始压缩许多领域的放贷，最受影响的是海外借款人。”
3
Another concern is that affiliates of foreign Banks are using the ECB as a source of funds for lending outside the euro area.