ECB Keeps Base Rate At Zero Level

9/10/2020, 12:05:10 PM

The Board of Governors of the European Central Bank (ECB) has decided to keep the base interest rate at a record low zero level, the press service of the regulator said.

As noted, the margin rate and the rate on deposits also remained at the same levels (0.25% and 0.5%, respectively).

Earlier, ECB President Christine Lagarde said that the situation in the eurozone economy has improved, but the pace and scope of the recovery remains extremely uncertain.