Thursday, 6 September 2012

ECB leaves rates unchanged

The European Central Bank on Thursday left its key lending rate unchanged at 0.75% and the rate on its deposit facility at 0%. 

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.75%, 1.50% and 0.00% respectively. The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 10.00pm IST today.

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