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Daily World Currencies News from London
Saturday 11th of October 2008
January 13, 2005

Euro steady on interest rates

Story link: Euro steady on interest rates

The European Central Bank ( ECB ) kept rates level at 2%, for the nineteenth month in a row.

However, with the euro still hovering around record highs against the US dollar, and at a time of slow Eurozone growth, there is little expectation of ECB rate increases anytime soon.

 

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