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ECB cuts interest rate on the deposit facility by 10bp

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - As reported in the ECB official statement, at today’s meeting the Governing Council of the ECB decided that the interest rate on the deposit facility will be decreased by 10 basis points to -0.30%, with effect from 9 December 2015.

    All decisions

    Marginal lending facility
    0.30 %

    Main refinancing operations (fixed rate)
    0.05 %

    Deposit facility
    − 0.30 %
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