ECB cuts deposit interest

Finance
  • 12 September, 2019
  • 12:43
ECB cuts deposit interest

The European Central Bank has made a decision to keep the interest rate unchanged at 0%.

Report informs citing Financial Times that it also cut its deposit rate from minus 0.4 per cent to a new record low of minus 0.5 per cent, set the marginal lending rate at 0.25%. 

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