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Image header Agence Europe
Europe Daily Bulletin No. 7668
Contents Publication in full By article 10 / 58
GENERAL NEWS / (eu) euro/ecb

Bank keeps key rates unchanged - Duisenberg acknowledges weakness of euro is "cause for concern" as it may influence "price climate"

Frankfurt, 02/03/2000 (Agence Europe) - The Governing Council of the European Central Bank decided on Thursday to leave its key short term interest rate, the refinancing rate or "refi", unchanged at 3.25%, and also to leave unchanged, at 4.25% and 2.25% respectively, the marginal lending facility and the deposit facility (upper and lower rate limits from day to day).

Speaking at his press conference, ECB President Wim Duisenberg acknowledged the fact that the development of euro exchange...

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