Arab Today, arab today ecb holds key interest rate at record low of 075
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

ECB holds key interest rate at record low of 0.75%

Arab Today, arab today

Arab Today, arab today ECB holds key interest rate at record low of 0.75%

Frankfurt - AFP

The European Central Bank decided Thursday to leave its main refinancing rate at a historic low of 0.75 percent at its first policy meeting of 2013. No ECB watchers had been expecting the central bank to ease borrowing costs in the euro area this month, but analysts said they would listen out to see whether central bank chief Mario Draghi gives any hint as to when such a move might come.

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