European Central Bank holds rates at the same level

Thursday, 12 January 2012 03:31

The Governing Council of ECB announced leaving its key lending rate at the same unchanged level of 1%.

Also interest rate on marginal lending facility (1.75%) and deposit facility (0.25%) reminded unchanged.

The President of EBC will comment the decision at press conference at 2.30 CET.

After report release euro reminded lower against U.S dollar, with couple traded at 1.2773.

Also Bank of England according to expectations kept its interest rate unchanged at 0.5%.