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Europe Daily Bulletin No. 7935

30 March 2001
Contents Publication in full By article 28 / 48
GENERAL NEWS / (eu) eu/ecb
ECB keeps key rate at 4.75%

Brussels, 29/03/2001 (Agence Europe) - The Governing Council of the European Central Bank (ECB) decided on Thursday to leave the level of its key rate unchanged at 4.75% (minimum bid rate applied to main refinancing operations). The interest rates of the marginal loan facility and the deposit facility will remain unchanged at 5.75% and 3.75% respectively. This decision did not cause great surprise, and the euro remained in a weak position on Thursday morning, below $0.89, probably partly...

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