Off the wire
• China sees more pneumoconiosis cases in 2014  • 2 FIFA officials arrested in corruption scandal  • Recast: Xinhua Insight: Chinese industrial power fuels Africa's growth  • Urgent: ECB cuts deposit rate by 10 basis points to record low of -0.30 pct  • China to strengthen supervision over Internet news reproduction  • Kenyan central bank chief hails China's entry into IMF's elite currency club  • Somali president lauds peace deal between warring states  • Chinese firm to expand Kenyan airport  • FIFA mulling over expanding World Cup to 40 teams in 2026  • Feature:Chinese smartphone-makers offer Kenyans wider options  
You are here: 　 Home

1st LD: ECB lowers deposit interest rate by 10 bps

Xinhua, December 3, 2015 Adjust font size:

The European Central Bank (ECB) on Thursday decided to lower the interest rate of deposit facility by 10 basis points to minus 0.3 percent.

"At today's meeting the Governing Council of the ECB decided that the interest rate on the deposit facility will be decreased by 10 basis points to -0.30%, with effect from 9 December 2015," said a statement made by the ECB. Endit