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Tag Archives: deposit rates

ECB & Draghi cut deposit rate by 10 basis points

The European Central Bank and Mario Draghi announced today a new cut in the deposit interest rates.  The rate cut will be 10 basis points and down by -0.30%.  The deposit rate has been cut from -0.2% to -0.3%. “At today’s meeting the Governing Council of the ECB decided that …

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