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ECB leaves rates unchanged

06/10/2011 14:57
The European Central Bank decided on Thursday to keep interest rates on hold.

Eyes now focus on the press conference of the ECB President, Jean Claude Trichet at 15.30 (Greek time), when he is expected to explain the decision of the ECB Board.

The ECB announcement is as follows:

At today’s meeting, which was held in Berlin, 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 1.50%, 2.25% and 0.75% respectively.