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Home BUSINESSECB decides to keep market interest unchanged at 0.50 pc
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Fri, 02 Aug, 2013 01:38:04 AM
FTimes News Desk, August 2
 
 
The ECB cut its main monetary policy rate to historically low market three months back.
 
The decision regarding interest rate was in line with market expectations.
 
ECB President Mario Draghi said that the ECB's key interest rates will remain at current or lower level for an extended period of time. 
 
 
The Bank of England decided too today to keep policy rate to 0.50 per cent.
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