Urgent: ECB cuts benchmark refinancing rate by 25 basis points

0 Comment(s)Print E-mail Xinhua, May 2, 2013
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The European Central Bank (ECB) on Thursday cut the benchmark refinancing rate by 25 basis points to a record low of 0.5 percent.

The decision was made by the ECB governing council at the monetary policy meeting held in Bratislava, Slovakia on Thursday. Endi

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