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View Full Version : ECB cuts its main lending rate 0.5 pt to 2.0%


royong
15-01-2009, 21:38
The European Central Bank lowered its main interest rate by 0.50 points to 2.0 percent on Thursday, cutting the cost of borrowing for the fourth time since October amid fears of a deep recession.

More... (http://sg.news.yahoo.com/afp/20090115/tts-ecb-eurozone-bank-rate-forex-decide-c1b2fc3.html)