ECB Maintains Benchmark Interest Rate at 0.05%; Deposit Facility Rate Unchanged at (0.2%)

ECB leaves benchmark interest rate unchanged at 0.05 percent and deposit facility rate unchanged at negative 0.2 percent.

At today’s meeting, which was held in Nicosia, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively.

You May Also Be Interested In

• EUR/USD could stay on a holding pattern until key US data, analyst says
• ECB's Lagarde says inflation more likely to ease but risks both ways
• Asian FX is an important driver of USD, says ING