ECB leaves the interest rate at 1%

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Source: Forexpros
The ECB left the core interest rate unchanged at record low level of 1% for the fifth month in a row in May. The bank also left deposit facility and marginal lending unchanged at 0.25% and 1.75%, respectively. The decision was widely expected. Traders await fresh comments from Mario Draghi regarding policies of the ECB aimed at struggling with persisting debt crisis in the region.



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