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Euro rate at 0.15%

03/07/2014 15:00
The European Central Bank left interest rates on hold at 0.15% on Thursday.

In June, the ECB had cut interest rates to 0.15% from 0.25%.

The ECB announcement is as follows:

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 0.15%, 0.40% and -0.10% respectively.