2nd LD Writethru: ECB keeps monetary policy unchanged ahead of EU summit


By ZuoweiShenzhonghao
  • World
  • Friday, 17 Jul 2020

FRANKFURT, July 16 (Xinhua) -- The European Central Bank (ECB) said on Thursday that it decided to keep monetary policy unchanged in its July meeting.

The 19-nation eurozone base interest rate will remain at 0.00 percent, with the marginal lending rate and deposit rate remaining at 0.25 percent and minus 0.50 percent, respectively, according to a statement issued after the meeting.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Apple to hold launch event on May 7, with new iPads expected
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
Is online shopping bad for the planet?
Haiti police bolster security around palace ahead of transition
Tesla posts Q1 results with declined revenue
Argentina's Milei faces biggest protest yet as students march over budget cuts
2nd LD: Plane crashes into river in Alaska
U.S. crude oil inventories down last week: API
1st LD: Plane crashes into river in Alaska
Urgent: Plane crashes into river in Alaska

Others Also Read