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9:52 GMT
02
Jul 2009

Iceland Central Bank Holds Key Policy Rate

(RTTNews) - Thursday, the Monetary Policy Committee of the Central Bank of Iceland retained the key policy rate at 12%. The interest rates on current accounts was unchanged at 9.5%. Similarly, other interest rates also remain unchanged.

Last month, the MPC had lowered the key policy rate by 100 basis points from 13%.

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Posted in Categories: Economy, Releases.

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