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ECB keeps interest rates unchanged
Finance
- 13 December, 2018
- 13:09
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Baku. 13 December. REPORT.AZ/ The European Central Bank (ECB) kept its monetary policy unchanged as expected on Thursday, maintaining the key deposit rate at -0.40%, Report informs referring to FXStreet.
The main refinancing rate, which determines the cost of credit in the economy, remained unchanged at 0.00% while the rate on the marginal lending facility (the emergency overnight borrowing rate for banks) was held steady at 0.25%.
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