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ECB Kept the Interest Rate Unchanged for the Sixth Month

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 5, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The European central bank (ECB) held the benchmark interest rate steady at its historical low of 1% for the sixth consecutive month in November. The rate was cut by 3.25% since October to support the economy after the economic deterioration that adversely weighed on all sectors of the economy, amid...

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