8th November 2013

ECB lowers key interest rates

At the meeting of the Governing Council of the ECB it has been decided to lower the interest rates. The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 0.25%, starting from the operation to be settled on 13 November 2013. The interest rate on the marginal lending facility will be decreased by 25 basis points to 0.75%, with effect from 13 November 2013. The interest rate on the deposit facility will remain unchanged at 0.00%.

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Members of the American Chamber of Commerce in the Czech Republic