The world's major central banks are withdrawing the emergency US dollar lending that was introduced at the height of the credit crisis.
Ten central banks, including New Zealand's Reserve Bank, the Bank of England and the European Central Bank, will let their dollar swap arrangements with the US Federal Reserve expire next week.
The Federal Reserve provided billions of dollars to overseas financial firms, through these central banks, but demand for liquidity has fallen dramatically as market conditions have improved.
Borrowing reached a high of $583 billion in December 2008, falling to just over $1 billion this month.
